TOPGLOV : One last ride
TOPGLOV is seen to undergoing a corrective phase of wave 4 after an explosive move of a very long extension in wave 3. The fact that wave 3 has been so powerful and very extended, we would take a conservative view that the next coming Wave 5 might be truncated and not be able to break its previous all time high. Our view might change if it turns out otherwise. The bullrun in TOPGLOV in our opinion is past its youth and nearing its peak. We stand with a cautiously bullish view on TOPGLOV long term wise.
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