TOPGLOV (7113) - Technical Analysis with ROE Quarterly movement

Technical Analysis with ROE Quarterly movement
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- Due to Coronavirus breakout, TOPGLOV shares price has been shot-up like a rocket without any resistance. No doubt, this a speculation actions and shares price movement don't reflect company fundamental at all.
- Don't treat your lucks as a skills. Unless, you plans to leave the shares market after this round.
- Overall, we notices that TOPGLOV shares price is hard to sustain above RM6.00 even ROE Q2'18 at 20.68% or virus breakout news lately. Thus, we able conclude RM6.00++ is definely a strong resistance.
- With double bottom reversal measurement, TOPGLOV shares price hit all level of satisfaction point on Jan 28, 2020.
- Vertical volume (From Nov 29'18 to Feb 14'19)

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