One Good Trend, One Good Bar, One Good Volume - The Secret to Trading Successfully!
Phillip Capital's Top Tier Trader and Remisier.
Robin Ho is also a certified SGX Academy Professional Trainer.
Wednesday, October 21, 2020
Top Glove (SGX:BVA) Trade idea 21 October 2020
Top Glove (SGX:BVA) has form a potential double top and has since retraced today to hit the first support at 2.88 and has bounced off its 50-MA. If this level is unable to hold it is likely to continue to move down to its second support at 2.70.
Beyond 2.70 the next key supports are: 2.59 and 2.42.
Stop loss: 3.20
Key Resistance level: 3.163
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