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Monday 14 March 2016

TOPGLOVE - short term is a sell call

Someone asking is it now a good time to buy? I would say no as risk of margin of safety and the price was now in downtrend.
When is a good price to enter? I would say 3.00. My opinion only.
From the chart we can see the price now in selling pressure, i believed the price will continue move downward till the support level. Say 3.00.

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