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2010-09-14

TopGlov Test Market With Price Below RM6.00



















TopGlov test the market with drop the price below RM6.00 and successfully get some vol in low price. Yesterday the share close back to RM6.00 with high vol, however will the big money push up the share is not the time yet. The share may likely to go accumulation before any jump up, for me I think now TopGlov share is good to buy in.

Due to RM vs USD is high and Sarawak election is near so FBM KLCI index will likely to manipulate up in this month. Foreign investor flow in they money into share market to make easy profit and also into property sector. They already not build any business or make factory in Malaysia, they just want to manipulate the share to earn hot money.

Soon I think Malaysia job opportunity will be less and house price will go very high ratio to salary.

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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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