Bursa Malaysia Free Trading Education

Author: Deep   |   Latest post: Sat, 26 Sep 2020, 1:07 AM


CAREPLS (0163) - Monday, To buy or not to buy ?

Author:   |    Publish date:

Carepls has released very good Q2 2020 result and achieved profit after tax (PAT) of 20.8M after minus a one-off gain of 15.4M is not counted as profit from selling gloves.

This is a good news to all glove stocks and might push the market sentiment to gloves on Monday. Will the share prices of all gloves rise on Monday? 

Before proceed to the below technical analysis, please read below posts:

This post is shared on 29th May 2020, mentioning resistance breakout at 1.18 that served as a strong support to buy more!!

his post is analyzing TOPGLOV, the share price movement on next week.



As of 24 July 2020, CAREPLS has been on a strong uptrend as suggested by the upward sloping 20-Day and 50-Day Moving Averages. The current best collection range is from RM 2.24 to RM 2.46. Depending on the market sentiment and news, CAREPLS and gloves might gap up open and go lower between 930am to 1030am. It might further rebound before the afternoon break session.



Join our telegram and stay tuned to our free report.


Share this

Related Stocks

Chart Stock Name Last Change Volume 
CAREPLS 3.05 -0.13 (4.09%) 36,498,200 

I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Stock Screener using Technical and Fundamental criteria
MQ Affiliate
Join the MQ Affiliate Program today to earn rewards

322  577  556  654 

Top 10 Active Counters
 XOX 0.15-0.025 
 KANGER 0.21+0.005 
 MMAG-WB 0.185+0.035 
 MTOUCHE 0.0550.00 
 PTRANS 0.29+0.005 
 MNC 0.04-0.005 
 SMTRACK 0.37-0.005 
 IKHMAS 0.17-0.01 
 DYNACIA 0.11+0.01 
 KSTAR 0.225+0.025 


1. The Equity Market Index Benchmark in Malaysia CMS
2. Trading Scenarios of Derivatives Bursa Derivatives Education Series
3. Derivatives 101 Bursa Derivatives Education Series
4. Why Trade FKLI? Bursa Derivatives Education Series
5. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!