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On 15-Apr-2010, spot4value predicted the stock price of TOP GLOVE CORPORATION BHD (TOPGLOV) to go below $12.00 by 30-Apr-2010.

TOPGLOV below $12.00 by 30-Apr-2010

  • target price: $12.00 ( -4.76 % in 14 days)
  • price when predicted: $12.60
  • current price: $5.68
  • 133 days pass target date.
look at the volume and price action today, more downside to come

I Think So

Not Likely

Comments

In view of the possible technical rebound for rubber glove stocks, my previous prediction on topglove to go below RM12 could be void.

In your opinion how far can this tech rebound go ?

Perhaps the market itself will shed some lights at the end of today ? say the KLCI can sustain above 1334, we shall see more room for upside. :)

oh yes KLCI rebounded and sustained above 1334 plus TNB posted an impressive quarterly result more upside to cme.

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Related Discussion

[TOPGLOV] TOPGLOV

Nice stock with strong fundamentals...


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