MYX:TOPGLOV   TOP GLOVE CORPORATION BHD
PROS:
- Best FA among rubber glove companies
- Glove demand growth: New waves of Covid infections loom globally
CONS:
- Vaccination rollout
- Competition from China: Government incentive+advanced technology+cheap cost+ramping up production
- Oversupply risk: New gloves players
- Labor allegation/US banned and etc


***TA always win shoooo ignore the above
1)Guppy's Rainbow
Guppy's Rainbow showed bearish trend as the candle stick is still below the white line (LT) and blue line (MT)
Long Entry would be triggered once all short-term EMA’s above the long-term EMA’s.
Trading Rules:
Long Trade: RED > YELLOW > Blue > White
Short Trade: White > Blue > Yellow > Red
Once it breaks the BLUE EMA'S might be a good sign
2) Pivot Points Smart Money Indicator
Green=Retailers
Yellow=Floating positon
Red tiang=Smart Money=Big positions, which always tend to impact price movement.
At the moment, no buyer's momentum detected yet which is not favorable.

PS: Small-cap glove stocks delivered even better share price gains with better TA ie: Comfort Gloves
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