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Topglove

TOPGLOV. TD Setup ( Timing System Used By George Soros).22/11/21TOPGLOVE weekly Price is on last waiting to closed weekly bar of TD ( Tom Demark) Countdown 13 ( Red)( Maybe at around RM2.15)... TD ( Sequential and Count Down ) .. A "Timing System) Trading System Used By George Soros, Paul Tudor Jones etc...The following paragraph ... used to be written in Wikipedia but now taken down....<<< Their creator, Tom DeMark, has served as consultant to such revered money managers as George Soros, Paul Tudor Jones, and Steven A. Cohen.">>>
MYX:TOPGLOV
by SteveTan
2
Told you so (TOPGLOV chart updates)Following up with my earlier post, MYX:TOPGLOV is moving as expected towards the RM2.30 area first, with some possible support at RM2.00-RM1.80 region. Just would like to highlight that the "Dollar-cost-averaging" method only works with uptrending stocks. When you encounter stocks that are in an underlying downtrend, implementing the averaging down method will only cause more hurt than gain. P/S: I do not rely on income statements, balance sheets or market news. In my opinion, the information the charts present is sufficient to easily tell the probabilities of the stock moving in which direction.
MYX:TOPGLOVShort
by Richkierich
TOPGLOV's Wyckoff Analysis with Volume Profile + VSA. 3/Nov/21TOPGLOVE's stock price "Finally" reached RM2.50.. A "very critical support zone"... Where this "zone" are : - 1) Weekly Up Trend Line ( Cyan Dashed) support 2) Weekly & Monthly Demand Zone 3) Zone of lower support @ parallel channel (red).. AND From Volume Profile's POC @ around RM2.70.. we "see" lot of buyer either from institutional or retail were buying in That "matched" what Wyckoff's "Universal" Market Structure in "Accumulation Phase"...
MYX:TOPGLOV
by SteveTan
2
TOPGLOV. Why 2.50? Not Maybank 1.80?! 23/9/21Why TOPGLOVE's RM2.50 price is the "MOST CRITICAL SUPPORT"?! It doesn't matter "Everyone" got to know RM2.50 is the BEST "OFFER SALE PRICE" It's "No secret"..Because even it's "disclosed secret" .. Still lot of traders won't believe it ...Show your chart Why Maybank Projected RM1.80 is "reasonable" .. "TRADE WHAT WE SEE.. NOT WHAT WE EXPECTED" ...What I "See" RM2.50 are the confluence of 1) Weekly Demand Zone 2) Monthly Demand Zone 3)Weekly Uptrend Line (Cyan/Ligh Blue)..Support 4)Lowe Channel Line (Red) Support 5)Wedge Pattern Lower Line Support (cyan/light blue).. etc.. What else can we "see"?
MYX:TOPGLOV
by SteveTan
TopGlove.How do we "confirmed" trend reversal with Elliott Wave?How Do we enter Buy and Confirmed the trend reversal of TopGlove or any trading instrument? .. The "one" and most critical level we must confirm and checkout is "where" is the "location" of the last wave "b" of the last swing low/high?!.. As TopGlove chart above. the last "b" wave of the last swing low is probably the "yellow circled"- B....The "last b" wave of wave v (cyan/light blue)..Where wave v (cyan/light blue) the last wave of wave (c)(Red) and wave (c)(Red) is the last leg of wave z (Green Circle) of the triple zigzag wave wxyxz (Green Circled).. And wave z (Green Circled) is the "LAST LEG!!!" of wave 4!! (Yellow) So.. To confirmed the trend reversal of all down trend wave. Price need to break the high of wave B (yellow circled)! which is RM3.080 !!! BUT... Topglov price seem like forming double bottom on lower time frame chart. E.g 1h , 15 minute chart!! Without "kissing" the RM2.50 "benchmark" of major "Demand Zone".. We'll see how "cunning" institutional players is!!!
MYX:TOPGLOV
by SteveTan
2
TOPGLOV's 2.50 is a call "to" Sell"? or "For" Sale"!? 21/9/21A Prominent Fundamentalist have called TOPGLOV price for RM3.50 and RM2.80 in "Excel" format on TopGlove Website. Is This a call to "Sell" OR..For "Super Sales"?! .. RM2.50 ="Super Bargain Sale Price" could come much earlier in this few days than expected.. Where RM2.50 Got lot of "Bargain Hunter":--- 1)"Cyan Rectangle Box""Demand" Buyer 2) Lower Parallel Channel (Red) (Buyers) 3) Up Trend Line (Blue Dashed Line ) Buyers...4) A Fixed monthly "Cycle Buyers" (below cyan time cycle)
MYX:TOPGLOV
by SteveTan
TOPGLOV may break 9.765 if with expanding flat pattern. 18/9/21TOPGLOV price could break all time high at RM9.765 as there is a based on "just 3 of the possibilities" : 1) Price of KLCI could break all time toward around 2000. TOPGLOV As a main "contributor" of KLCI index could break all time high as well. 2) Current TopGlov Price Cycle Analysis showing it's start moving up till 1st quarter of next year 3) TOPGLOV current wave structure have high probability to form an ABC (Red Circled) "Expanding Flat Pattern" .. which happened most of the time in wave b (Green)
MYX:TOPGLOV
by SteveTan
TOPGLOV most likely last leg down to around 3.40.. 30/8/21Congratulation for those still holding TOPGLOV stock!!... TOPGLOV as 1 of the 30 "Blue Chips" stocks comprising KLCI index which has turned into Bullish Sentiment. What could be the next move of TOPGLOV , HARTA AND KOSSAN ?...All 3's which making the "major contribution" to KLCI index.. Checking from TOPGOV's intraday price structure.. TOPGLOV most likely on its final leg down to complete its triple zig zag ( WXYXZ) (red circled) AND Wedge pattern where Bullish sentiment will be "on" at around RM3.400 at 1) Major Weekly Demand Zone 2)Weekly 233 EMA lines..
MYX:TOPGLOV
by SteveTan
9