Top Glove - Now Become Bottom Glove

Top Glove was the favourite money making stock 1 year ago during COVID-19, 1 year later, it come Bottom Glove as vaccination come into play.  Need to pay attention to the wind direction.

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.

Top Glove (BVA) - Sell

Account Number :	(CDP)
Order ID :	20210202
Securities Type :	Stock
Stock Exchange :	SGX
Securities Name :	Top Glove (BVA)
Transaction Date :	02 Feb 2021
Order Validity :	DAY
Transaction Type :	Sell
Payment Mode :	Cash Account (SGD)
Order Type :	Limit Order @ SGD 2.26
Executed Quantity :	2,500
Executed Price :	SGD 2.26
Total Filled Quantity :	2,500
Unfilled Quantity :	0

Stock Name : Top Glove (BVA)
Exchange : SGX
Account : Personal Investment Account - (CDP)
Action : Sell from CDP
Order Type : Limit Order
Validity : DAY
Settlement Mode : Cash Account
Order Quantity : 2,500
Order Price : 2.2600
Estimated Fee : SGD 13.49
Estimated Amount : SGD 5,636.51

Top Glove - 19 Jan 2021

Top Glove chart the bulls are trying to get out of its downtrend.  However, not successful yet.

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.

Top Glove (BVA) - Buy

Trade details are as follows:

Order Type:            Buy

Symbol:                BVA

Name:                TOP GLOVE

Quantity:            2,500

Quantity Filled:        2,500

Quantity Left:            0

Settlement Mode:        Cash Upfront

Price Filled:            2.18

Time Filled:            13 JAN 2021 13:35

Transaction Value

Total Contract ValueSGD 5,450.00

CommissionSGD 10.00

Clearing FeeSGD 1.77

SGX Trading FeeSGD 0.41

GSTSGD 0.85

Total Commission & FeesSGD 13.03

Indicative Total ProceedSGD 5,463.03

ActionBuy

Stock NameTOP GLOVE

MarketSingapore

SymbolBVA

Order TypeLimit Order

Quantity2500

Order DurationGood for Today

Date-

PriceSGD 2.180

Settlement ModeCash Upfront

Settlement CurrencySGD

Top Glove - Bullish Candle Expecting Good Result Tomorrow

Top Glove bulls are in charge today, the bulls are expecting good result tomorrow.

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.

Top Glove - Kill by Vaccine Rally

Top Glove in a mini downtrend due to the vaccine rally.

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.

Top Glove - Vaccine Kill Its Uptrend

Mention many times before, COVID-19 vaccine news are killer of gloves stock.  When every retail investor thinks that gloves are sure winner, smart monies already distribute (about 3 months) the higher price to them.  The price will normalize to a reasonable level, which the chart will then tell.

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.

Top Glove - Already Top Price

Top Glove seems like already at Top price.  Everyone knows that gloves makes money but for smart monies, its distribution time if you look at their chart movement.  The Europe COVID-19 cases soar did not spike up Top Gloves share price.  Any mass COVID-19 vaccines success and we shall see the usual dump and run by smart monies.  For now, it should still be sideways.

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.

Top Glove - Still The King of Glove

Top Glove price action still very strong.  The price uptrend still in tip top condition.

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.

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.

Top Glove - Trending Up

There is a high probability that Top Glove trending up will continue.

Number one reason is due to the COVID-19 virus, so the demand of medical gloves keep shooting up.

If you invest in Top Glove, make sure you monitor the virus numbers.  If the numbers are going down fast, be the first to take profits as smart monies will take profits quickly as they are always the first to know and think ahead at least six steps ahead of retail investor.

Top Glove - Another Fast and Furious

Nowadays, smart monies gap up very fast and furious.  It's always good to take some profits from a 90 degree gap up.