Gloves Index entering distribution phase

We opine that the gloves sector based on cumulative performance of Kossan, Hartalega, Topglove, Rubberex, Supermax and Comfort, is entering the distribution phase and already finished all compulsive wave for short term cycle.

This is only invalid if it breaks the ATH.

Strategy : Identify Buying Climax, BOR (Buy on Reaction). Sell at ST.

Will monitor closely.