This counter was one of the 3 Gloves Makers I covered in a video on Facebook about 2 weeks back..
I mentioned that these companies were still beneficiaries of current pandemic. 😷👍
Riverstone was then still consolidating at about 2.40 and nothing much happened but we were 𝗾𝘂𝗶𝗲𝘁𝗹𝘆 𝗲𝘅𝗽𝗲𝗰𝘁𝗶𝗻𝗴 𝘀𝗼𝗺𝗲 𝘂𝗽𝘀𝗶𝗱𝗲 𝘁𝗼 𝗰𝗼𝗺𝗲 𝘀𝗼𝗼𝗻.. ☝️☝️
In fact just last week, we had our upside targets reiterated again for a 𝐩𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥 𝐫𝐞𝐛𝐨𝐮𝐧𝐝 from the strong support we were seeing. 😎
Joey here, Top Tier Remisier in Phillip Securities.
Just yesterday, finally, we manage to spot some 𝐁𝐔𝐋𝐋𝐈𝐒𝐇 actions.. 👀
After more than a month of sideways movement, it seems that buyers were 𝐅𝐈𝐍𝐀𝐋𝐋𝐘 prepared to take it to the next phase up..
So the question is:
"𝗪𝗵𝗲𝗿𝗲 𝗖𝗮𝗻 𝗪𝗲 𝗛𝗲𝗮𝗱 𝘁𝗼 𝗡𝗼𝘄 𝗢𝗥 𝗜𝘀 𝗜𝘁 𝗧𝗼𝗼 𝗟𝗮𝘁𝗲?" 🤷
Well, targets to the upside were reiterated again live as it happened on the 30 June 2020 when this video was recorded. ️🎯️🎯
Watch this video to the end to see what I mean and at what levels can we potentially start to see some 𝐬𝐞𝐥𝐥𝐢𝐧𝐠 𝐩𝐫𝐞𝐬𝐬𝐮𝐫𝐞 coming back again.
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