Fairy Maiden
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I did spot May's trading hotspot - and that is the glove stocks.
In Mar, $Top Glove(BVA.SG$ bottomed at 0.22 at the 0.215-0.225 support zone. Then, it went on to break out of the downtrend line. It surged from there. The US reported that they will increase tariffs on China medical gloves, syringes to 25% and face masks to 50%. The tariffs on gloves are set to go into force in 2026, while the proposed duties on masks and syringes will take effect in Aug this year. This will ma...
In Mar, $Top Glove(BVA.SG$ bottomed at 0.22 at the 0.215-0.225 support zone. Then, it went on to break out of the downtrend line. It surged from there. The US reported that they will increase tariffs on China medical gloves, syringes to 25% and face masks to 50%. The tariffs on gloves are set to go into force in 2026, while the proposed duties on masks and syringes will take effect in Aug this year. This will ma...
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$Medtecs Intl(546.SG$ $UGHealthcare(8K7.SG$ $Top Glove(BVA.SG$ $Riverstone(AP4.SG$
Technical analysis for glove stocks.
Riverstone rose to a 3-year high of 0.985. It may rise to resistances around 0.985 and 1.00-1.02.
Top Glove fell to 0.22 in the 0.215-0.225 support zone and rebounded. Then It broke out of the downtrend line. It rose to a 2-year high of 0.375. It may rise to resistances around 0.375 and 0.40.
Medtecs has formed a bullish double bottom pattern with valleys at...
Technical analysis for glove stocks.
Riverstone rose to a 3-year high of 0.985. It may rise to resistances around 0.985 and 1.00-1.02.
Top Glove fell to 0.22 in the 0.215-0.225 support zone and rebounded. Then It broke out of the downtrend line. It rose to a 2-year high of 0.375. It may rise to resistances around 0.375 and 0.40.
Medtecs has formed a bullish double bottom pattern with valleys at...
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$Medtecs Intl(546.SG$
Riverstone rose to 0.985, near my 0.975 target, a 3-year high. Take profit.
Top Glove rose to 0.375, near my 0.365 target, a 2-year high. Take profit.
Medtecs and UGHealthcare are not at 2-year highs yet. Maybe can buy.
$UGHealthcare(8K7.SG$ $Riverstone(AP4.SG$ $Top Glove(BVA.SG$
Riverstone rose to 0.985, near my 0.975 target, a 3-year high. Take profit.
Top Glove rose to 0.375, near my 0.365 target, a 2-year high. Take profit.
Medtecs and UGHealthcare are not at 2-year highs yet. Maybe can buy.
$UGHealthcare(8K7.SG$ $Riverstone(AP4.SG$ $Top Glove(BVA.SG$
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$Rex Intl(5WH.SG$ $RH PetroGas(T13.SG$
Those who followed my buy calls would be sitting on handsome gains.
Those who followed my buy calls would be sitting on handsome gains.
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$RH PetroGas(T13.SG$ $Rex Intl(5WH.SG$
I previously said that support for Rex is around 0.115-0.12 and support for RHP is around 0.155-0.159. Both of them rebounded as expected after hitting the ranges, especially Rex.
Rex is now the lowest since Apr 2023 and RH P lowest since Dec 2021. I think they may have bottomed. May have at least 20% upside.
I previously said that support for Rex is around 0.115-0.12 and support for RHP is around 0.155-0.159. Both of them rebounded as expected after hitting the ranges, especially Rex.
Rex is now the lowest since Apr 2023 and RH P lowest since Dec 2021. I think they may have bottomed. May have at least 20% upside.
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$ThaiBev(Y92.SG$ $FTSE Singapore Straits Time Index(.STI.SG$
Going breakout soon and moving up higher liao.
Going breakout soon and moving up higher liao.
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