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Whether the sharp rebound was a result of direct long-term buying interest of those glove stocks or short covering of previously sold down gloves stocks
On how an MCO could impact the stock market,
March last year was a very good learning experience.
random TA analysis
-Round bottom formed two weeks ago
-waiting a turbo from cup and handle trend
(the handle formation seems small means strong ..and price didnt drop much. got a strong support from 0.655)
-MCDx value maintained upward..means dealers sharks still holding
MA20.30 pointing upwards .good sign
resistance 0.775.. 0.985
if u r not confident with it..short term support as 0.655