We quietly accumulate. The USD is accumulating strength quietly too. Shhhhh...

Looks like RM losing to USD again.

Yup...hold your money

Volatile again. Yoyo.

"Big picture and giving it a miss" again? Can you use some other wordings for a change?

20D MA line is supporting.

If you are neither looking at FA & TA, then are you looking at the stars or Elliot Waves?

What do you expect with 800+ counters all down ? Its an anomaly. When situation cools down, there will likely be a recovery for those with strong fundamentals.

He must have forgotten to include a disclaimer. Nobody's perfect.

Yes, let's all go to Holland for a few days. LOL!

Yup. Time to adopt Warren Buffett's long long term stance.

More than 800 counters drop. "Profit from the panic" time.

More than 700 counters drop.

USD getting stronger

Price tries going lower but attracted only low volume.

Low volume down. Its a test for bottom.

Looks like it.

Bull

The next 2 questions: is there a substitute for gloves and what is the current supply situation for this disposable item? And the answer is .....

For goodness sake. This is only a forum. Take all the "advise" with caution. Do your own due dilligence The advisers here could be just a small little boy. Haha.

Noted. Thanks. It has entered the Ichimoku cloud. Turbulence expected.

Let's hear it. BWC what's the downside and how low will it get before a rebound? Kai what's the next upside and how far before a fall?

It would be more productive just to mention : entry price; reward to risk ratio, exit price. Type of stategy. All that bickering is going no where but rather amusing.

Oil price now is in yoyo mode. Up down up down...

The words "big picture" are getting very nauseating....but if BWC could point out which stock has a good big picture now would be very helpful rather than constantly telling to avoid Supermax. Well, if you hammer it long and hard enough, it could go down and you'd get a chance to pick it up at super discounts.

BWC is like a doomsday predictor on Supermax...always saying the "big picture". How about telling us what is the big picture and what makes you think the big picture is so bad when this company is making money year in and out. At the current crude oil price, polymers derived from crude oil too has become cheaper. Supermax is dealing with Nitrile gloves, right? Is your big picture only on Supermax?

Pumping again. Make sure u dump before they do.

Punching into the Ichimoku clouds now.

Don't trade. Invest. This is an slowly uptrending money making counter. Jumping in and out can be pretty tiring.

Good. Now, you might want to connect all the major bottoms for the past 2 years and see the chart pattern.

...so is the 200 days volume MA.

BWC don't trade this counter. Invest! The 200 days MA slopes upwards.

Daily chart shows it has hit ichimoku cloud turbulence. Weekly chart shows cloudless resistance.

No problem. Turn your chart to weekly and see the trend.

If u think oil is uptrend, think again. http://m.investing.com/news/commodities-news/oil-futures-rally-but-glut-concerns-loom-394253

Good one.

Kai, don't worry about it. Yes, 2.80 is a resistance level but if price breaks through it, we look for the next resistance level. That's what charts are for the short term players. Long term players look at potential profits and the future earnings.

USD gaining strength

Frank. Thanks for your info. Good long term prospect.

We are all ikan bilis only trying not to get eaten by sharks. Do u really think what is written here can influence price movement? So chill and avoid personal attacks. We need intelligent info and logical reasons.

Adcool, I doubt it was purely based on oil & ringgit weakness. The MACD histogram was diverging with the price for some time already. Now price up. Hope its the start of a new uptrend.

Oil is a good indicator of recessionary pressure until the day when it is really replaced by alternative energy sources. That's when u see Tesla selling real and truly affordable cars.

Kai89 will get into trouble sooner or later with people who do not bother to learn up. He is a good person reading the charts and giving free advise but there will come a time when he may have forgotten to inform his followers to sell and that's when the blame starts. Or after recommending a good counter to buy, the followers failed to practise money and risk management and guess who gets the blame.

I agree with BWC. No need to curse & swear. After all its a probability game. Nobody can guarantee any sure thing will happen. TA & FA points the way but they too are not flawless.