After the big selldown in January 2016, Riverstone went into a consolidation phase in Feb and Mar. The sell down was due to the sudden strengthening of Malaysia ringgit during that period, where all the export sectors in malaysia also fall during the same period. Gloves companies like Harta, Kossan, Karex, SuperMx all had the same pattern. As we see Riverstone recovering this few day, it is a good sign that we could be right on this (again). To get more confirmation, do also watch the few other glove companies in malaysia to see if they move in tandem, if they did, you better dont miss the run!
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