Hartalega - Breakout means Glove can still run

Hartalega made a massive move today, followed by strong moves by Toglove as well.

This is what capital flow is all about.

You don't dismiss breakout of all time high. This breakout is significance as it is telling us that gloves can and have room to run, yet.

Which means that gloves can give a decent return and its bull market may not be over yet.

Based on this signal alone, I have put positions in glove stocks again albeit some have not yet broke their all time high but I am taking the risk now.

With Nasdaq strong performances, it is the best bet to remain bullish. Of course, bullish without taking debt/loan/margin/leverage.

This is how the stock market works. You make money from MAJOR MOVES and TRENDS, not day trading with high leverage like gamblers.

Regards.

I don't read messages and comments, stop wasting your time.