Xyz3dtrading
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)
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)
TOPGLOV May Drop to 2.50. BUT 5.80 First. 14/9/21TOPGLOV Stock price may drop until around RM2.50 where there is a confluence zone of 1) Major Monthly Demand Zone 2) A Long Term Up Trend Line Support ( Cyan/Light Blue Dashed Line) ..BUT... Price most likely will complete wave A (Red Circled) at around RM3.20 AND start trending up for wave B (Red Circled) till around RM5.80 where is confluence zone of 1) Next Major Supply Zone 2) Fibonacci 38.2% downtrend pullback from history high
GOLD.wave (B)(Cyan) maybe done.( No more triangle) 8/9/21GOLD intraday structure seem forming an expanding ending diagonal in wave c (Green Circled).. AND Meant possible, we are just at the " half portion" of sub- wave 1 (yellow) of impulsive wave (C)(Cyan/light blue).... Stop Lost for long at 1779. Target Profit at around 1860 on long term down trend line (red dotted).
GOLD Long Term Uptrend Pullback maybe done above 1676.69. 7/9/21I have answered my own 4 questions "why" Gold may surge up to around 2100 first before moving down toward around 1570 :-
1) The Yellow Highlight Area still Look "impulsive" within "Ranging Market" as shown on a flat / no slope / none trendy daily 233 EMA.. So it's possible we're in wave B ( Red Circled) of a expanding flat pattern ABC (Red Circled)
2)Price re- bounce strongly with Pin Bar on Month of August 2021 at above Major Demand Zone & Support Line at around 1670
3) Weekly Gold Price Couldn't reach weekly 233 EMA line on its Pull Back as usual on most occasion BUT 'MAYBE" Sooner or later it will reach weekly 233 EMA at around 1570 on wave C (Red Circled) of Expanding Flat Pattern
AND Finally
4) My Cycle Analysis (which couldn't shown with tradingview tools) shown Gold's cycle is moving up until early 2022