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Post by zuolun on Apr 22, 2014 12:54:30 GMT 7
TOPGLOV — Bear Pennant breakout
TOPGLOV (weekly) — Uptrend is broken, expect more downside than upside
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Post by zuolun on Mar 25, 2015 22:47:12 GMT 7
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Post by sptl123 on Mar 25, 2015 23:13:17 GMT 7
You have spotted so many opportunities ! You are really no ordinary person; so much things are achieved in one day. You are really fast; I am trying to catch up but still far far behind .....  . |
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Post by sptl123 on Apr 25, 2015 21:32:51 GMT 7
Bro Zuolun, TOPGLOV closed at RM 5.43 (-0.020, -0.37%) with 2.697m shares done at 24th April 2015. Something interesting I observed of TOPGLOV, in the last 10 sessions, there were much more buy up than sell down, but price is flat and bearish during the period. In the last 2 days, there were 78% buyer and 22% seller. Is that a bullish or bearish development?  Should I cut and run for my life?   Trade Summary Last 2 Days Trade Summary Last 10 Days: |
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Post by zuolun on Apr 25, 2015 23:22:46 GMT 7
Bro Zuolun, TOPGLOV closed at RM 5.43 (-0.020, -0.37%) with 2.697m shares done at 24th April 2015. Something interesting I observed of TOPGLOV, in the last 10 sessions, there were much more buy up than sell down, but price is flat and bearish during the period. In the last 2 days, there were 78% buyer and 22% seller. Is that a bullish or bearish development? Should I cut and run for my life? , TOPGLOV has a beautiful 'bird' pattern; the upper bollinger band sloping downwards from the rounded top is the bird's head and the lower bollinger band narrowing towards RM5.39 forms the bird's mouth. The tight trading range between RM5.39 and RM5.50 suggests a break below RM5.39 is bearish, a break above RM5.50 is bullish. As there is a negative divergence bet. the OBV and the CMF (ref. the CMF indicator sloping downwards dated 20 Oct 2014); set a tight stop-loss once RM5.39 is broken. TOPGLOV's uptrend is firmly intact. The run-up from RM5.08 to RM5.69 may have a steeper pullback to RM5.26 the 50d SMA, b4 the uptrend continues. TOPGLOV ~ Bollinger Bands Squeeze  |
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Post by sptl123 on Apr 25, 2015 23:52:02 GMT 7
Thank you Bro Zuolun. 大哥果然慧眼!  I have taken note of the advice and will be on alert of the movment. From the price-volume, I feel that something is brewing on TOPGLOV. Hope the bird bring 美丽的阳光 and not 大风暴. |
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Post by zuolun on Apr 26, 2015 14:22:20 GMT 7
Thank you Bro Zuolun. 大哥果然慧眼! I have taken note of the advice and will be on alert of the movment. From the price-volume, I feel that something is brewing on TOPGLOV. Hope the bird bring 美丽的阳光 and not 大风暴. , I only remembered the picture of the beautiful 'bird' pattern on Chemoil but it flew to the southern hemisphere, unexpectedly...  Chemoil as at 30 Mar 2012 |
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Post by sptl123 on Apr 26, 2015 16:05:10 GMT 7
Bro Zuolun,
I remember Chemoil too. It was a sad development. The tired bird must has flown south due to the demise of the founder.
We are blessed to have still alive...
Game not over for us and we could continue to fight on.
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Post by zuolun on Apr 27, 2015 9:53:48 GMT 7
Bro Zuolun, I remember Chemoil too. It was a sad development. The tired bird must has flown south due to the demise of the founder. We are blessed to have still alive... Game not over for us and we could continue to fight on. , Practise drawing your own charts more often; do not strictly base on other people's charts to trade, use them for comparison. |
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Post by sptl123 on Apr 27, 2015 11:03:54 GMT 7
Bro Zuolun, I remember Chemoil too. It was a sad development. The tired bird must has flown south due to the demise of the founder. We are blessed to have still alive... Game not over for us and we could continue to fight on. , Practise drawing your own charts more often; do not strictly base on other people's charts to trade, use them for comparison. Thank you Bro Zuolun for the advice. I will practise it. Today CIMB has a Buy Call for TOP GLOVE CORPORATION- ADD TP RM6.00. 27th April 2015. |
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Post by sptl123 on May 3, 2015 0:54:48 GMT 7
sptl123, TOPGLOV has a beautiful 'bird' pattern; the upper bollinger band sloping downwards from the rounded top is the bird's head and the lower bollinger band narrowing towards RM5.39 forms the bird's mouth. The tight trading range between RM5.39 and RM5.50 suggests a break below RM5.39 is bearish, a break above RM5.50 is bullish. As there is a negative divergence bet. the OBV and the CMF (ref. the CMF indicator sloping downwards dated 20 Oct 2014); set a tight stop-loss once RM5.39 is broken. TOPGLOV's uptrend is firmly intact. The run-up from RM5.08 to RM5.69 may have a steeper pullback to RM5.26 the 50d SMA, b4 the uptrend continues. TOPGLOV ~ Bollinger Bands Squeeze Bro Zuolun, TOPGLOV closed at RM 5.60 (+0.14, +2.56%) with 1.655m shares done at 30th April 2015. It closed with a long green bullish candle stick. It has a Short Term Bullish Moving Average Crossover as 10dMA cross above 15dMA. It also seems to has Upper Bollinger Band Breakout . Immediate resistant at RM 5.70, immediate support at RM 5.40. Bro Zuolun, what is the next target price? Is it RM 5.90 which was the previous high set in 6th March 2014?  |
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Post by zuolun on May 3, 2015 11:16:06 GMT 7
sptl123, TOPGLOV has a beautiful 'bird' pattern; the upper bollinger band sloping downwards from the rounded top is the bird's head and the lower bollinger band narrowing towards RM5.39 forms the bird's mouth. The tight trading range between RM5.39 and RM5.50 suggests a break below RM5.39 is bearish, a break above RM5.50 is bullish. As there is a negative divergence bet. the OBV and the CMF (ref. the CMF indicator sloping downwards dated 20 Oct 2014); set a tight stop-loss once RM5.39 is broken. TOPGLOV's uptrend is firmly intact. The run-up from RM5.08 to RM5.69 may have a steeper pullback to RM5.26 the 50d SMA, b4 the uptrend continues. TOPGLOV ~ Bollinger Bands Squeeze Bro Zuolun, TOPGLOV closed at RM 5.60 (+0.14, +2.56%) with 1.655m shares done at 30th April 2015. It closed with a long green bullish candle stick. It has a Short Term Bullish Moving Average Crossover as 10dMA cross above 15dMA. It also seems to has Upper Bollinger Band Breakout . Immediate resistant at RM 5.70, immediate support at RM 5.40. Bro Zuolun, what is the next target price? Is it RM 5.90 which was the previous high set in 6th March 2014? , I agree with your observations on TOPGLOV. You've improved tremendously on your TA skill. Keep up the good work! Rubber in China enters bull market as exporters restrict supply ~ 30 Apr 2015 Top Glove on CIMB Research’s add list, TP RM6.00 ~ 27 Apr 2015 Top Glove still looking to expand via M&As ~ 25 Apr 2015 NorthCape re-emerges as substantial shareholder in Top Glove ~ 23 Apr 2015  |
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Post by sptl123 on May 4, 2015 14:25:34 GMT 7
sptl123, I agree with your observations on TOPGLOV. You've improved tremendously on your TA skill. Keep up the good work! Thank you very much Bro Zuolun. I really appreciate your guidance and for teaching me so many TA knowledge and skills. I am also getting a lot of encouragement and motivation from you. I know there are still plenty more to learn from you. I know Bro Zuolun you already have plenty of big fish, but so each time, if and when I catch a big and juicy one, I wish to share the joy of getting them with you. |
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Post by zuolun on May 4, 2015 16:10:03 GMT 7
Thank you very much Bro Zuolun. I really appreciate your guidance and for teaching me so many TA knowledge and skills. I am also getting a lot of encouragement and motivation from you. I know there are still plenty more to learn from you. I know Bro Zuolun you already have plenty of big fish, but so each time, if and when I catch a big and juicy one, I wish to share the joy of getting them with you. , Learn how to spot Flags & Pennants and how to do price target projections on bull and bear flags.  Rubber company, Top Glove's net profit surges 35% y-o-y ~ 18 Mar 2015 TOPGLOV ~ Bull Flag Breakout, Interim TP RM6.05, Next TP RM6.25TOPGLOV closed with a white marubozu @ RM5.60 (+0.14, +2.6%) with 1.66m shares done on 30 Apr 2015. Immediate support at RM 5.50, immediate resistance @ RM 5.69.  |
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Post by zuolun on May 13, 2015 9:50:49 GMT 7
丁腈购兴回升 手套股受惠 ~ 8 Apr 2015 TOPGLOV ~ Trading in an upward sloping channel, interim TP RM6.05, next TP RM6.25TOPGLOV closed with a spinning top @ RM5.57 (-0.01, -0.2%) with 890,000 shares done on 12 May 2015. Immediate support at RM 5.50, immediate resistance @ RM 5.60. 
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