Monday, July 13, 2020

Top Glove - Still Not Reach The Top

Top Glove is the global leader in gloves manufacturing and seems like COVID-19 had push it price up almost every week.  When will it reach the TOP price, nobody knows except the smart monies.

Two smaller COVID-19 plays was questioned today as their price sudden tumble but later recover some loss.  Seem like the BB are trying to shake out the weak holders.

SHARES of Catalist-listed healthcare players Medtecs International Corporation and UG Healthcare tumbled at around the same time during Monday's afternoon trade, prompting separate queries from the Singapore Exchange (SGX).

https://www.businesstimes.com.sg/companies-markets/hot-stocks-medtecs-and-ug-healthcare-both-sink-prompting-sgx-queries



Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

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