𝐒𝐆 𝐌𝐞𝐝𝐢𝐜𝐚𝐥 𝐒𝐭𝐨𝐜𝐤𝐬 (𝐑𝐢𝐯𝐞𝐫𝐬𝐭𝐨𝐧𝐞, 𝐓𝐨𝐩 𝐆𝐥𝐨𝐯𝐞, 𝐔𝐆 𝐇𝐞𝐚𝐥𝐭𝐡𝐜𝐚𝐫𝐞, 𝐌𝐞𝐝𝐭𝐞𝐜𝐬) 𝐒𝐞𝐥𝐥 𝐃𝐨𝐰𝐧 𝐒𝐞𝐞𝐧! 𝐖𝐡𝐞𝐫𝐞 𝐓𝐨 𝐍𝐨𝐰?

 

After the massive rally since May by more than 100% in some of the medical counters, over the past 2 weeks we have seen 𝐇𝐄𝐀𝐕𝐘 𝐒𝐄𝐋𝐋𝐈𝐍𝐆 coming back.. 😰😰

 

mainly the glove makers or those with products and services that cater to the medical industry...

 

There are due to talks about a vaccine being found for Covid19 which may be a 𝐧𝐞𝐠𝐚𝐭𝐢𝐯𝐞 for these companies as their revenue may be hit.. 😷

 

 

Joey here, Top Tier Remisier in Phillip Securities.

 

A lot of clients have asked if the uptrend is over for these medical counters.

 

Or perhaps if it may be a good time to accumulate on the cheap since they are at discounted prices again..

 

Well, watched this video recorded 12 Sept 2020 as I dive into 𝐞𝐚𝐜𝐡 𝐨𝐟 𝐭𝐡𝐞 𝟒  𝐩𝐨𝐩𝐮𝐥𝐚𝐫 𝐦𝐞𝐝𝐢𝐜𝐚𝐥 𝐬𝐭𝐨𝐜𝐤𝐬 Riverstone, Top Glove, UG Healthcare, Medtecs, and 𝐁𝐑𝐄𝐀𝐊 𝐈𝐓 𝐃𝐎𝐖𝐍 for you,

 

I will reveal to you what are the 𝐂𝐑𝐈𝐓𝐈𝐂𝐀𝐋 𝐋𝐄𝐕𝐄𝐋𝐒 where profit taking can come back again and,

 

more importantly, though we have seen a SLIGHT REBOUND over the past few days, 🙏

 

why you need to have a plan as more short term weakness may be possible if any of these 𝐊𝐄𝐘 𝐒𝐔𝐏𝐏𝐎𝐑𝐓 levels breaks down further.. 🤦🤦

 

Watch to the end to see what I mean. >> https://www.facebook.com/tradingimpossible/videos/758376854961385/