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2009-10-08

TopGlov Hits Above RM8.00
























Since Monday this week, TopGlov share bounds up strongly in continues 3 trading day and hits above RM8.00. Base on the chart, before any of this bounds up a bullish pattern already been form and accumulation of share happen without push up the price. When no or less selling they push up the price will be more easy due to big selling may unlikely to happen. Together with good news of financial report will help to push the price more higher.

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My investment with RM5,000 initial capital have been growing since 2005.I found the stock market appears confusing and complicated, but it is most definitely based on logic "supply and demand". However, the laws of supply and demand as observed in the markets do not behave as one would expect. To be an effective trader, there is a great need to understand how supply and demand can be interpreted under different market conditions and how to take advantage of this Off Market Transactions in KLSE.

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