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@lit Li , market sentiment always affect sector. Now what happenned to topglove affects all glove stocks doesnt matter how good the fundamental. if sentiment is good, fa is good, sure will fly
yea gloves from short term changed to long term investment already...dont think there will be any show in the near term for gloves. even if it rebound, only a short term technical rebound...
so far momentum down for hlt is still strong based on tfDaily (lookin at ichimoku), but stoch is way too oversold. It needs some rebound based on stoch. Lets see by end of today's candle close.
opps..it closed at 0.815..looks like still on downtrend momentum.. when top glove retreat, it follows...so monday wont have much show right based so its closing price today? @MengJun @Mb
@KT next week should be still challenging for gloves counter, but it they move flats to escape from sell momentums, then a 10-20% rebound will happen sooner
I dont know how they work neither do i care. But i see technical rebound in gloves next week. Topglov already appear in my screener tfDaily. HLT so far only on tfHourly. Let's see next week.
