Its normal to have a retracement here. 1.72 was one of the past strong resistance level.

Hopefully it can retest the 96 cents resistance tmr

Those who dares to catch falling knife during panic selling are rewarded alr.

Haha i manage to grab some during the big fall.

Pang saw u again~

Wow. Today up so much

Hope it forms a sideway here only then breakout. Then 1.72 will be an extremely strong support nxt time.

But 1.72 was one of the past strong resistance. Lets see how long it takes to break that.

Now the chart looks good. Gap filled with a slight touch on the price before it gaps up and showing strong rejection towards further downwards movement.

Those who short in the noon gg.

Oops idss buybacks.

The short sellers have to buy back 1.8million shares later. With the current queue volume.. most likely can push up approx 2 to 4 bids considering some had closed their position this morning.

Lol so easy to drop? When u throw down to nxt level, another group of ppl will start to collect tic edi. With good fundamentals, relatively low PE among glove stocks and good upcoming QR results (Not just one quarter), it will fully turn into a long term uptrend stock. Lets just bear with the current retracement. Operators need to collect enough tix first ._. Left hand sell right hand push down the price only. Let them collect.

Stocks with good fundamental. No worries. Selling pressure is decreasing. See if someone can catch the knife and throw it up again. XD

The panic selling that day i think could hardly happen anymore.

Lol exp meh.. long term uptrend stock wor. Dont think will retrace so much until below 0.75.

xD shall test on RM1 soon. Maybe right after QR release.

Afraid later rise beyond my sold price then rugi eh.

Eh. Can i buyback liao? Looks like rebounded.

Will go back to 90 cents soon? xD The chart looks encouraging.

Haha those who wants to throw mostly throw out today liao. There's only one direction now. Up.

Closing 2 bids lower than the highest price of the day. Looks extremely good.

Krono is not physical business, hence minimal impact

Opps rebounded strongly lol.

Lol. China injecting 1.2 trillion into the china stock market to hold the price eh. If china doesnt drop all bursa stock might recover..

Monday u can see all the stocks drop except for the glove stocks.

Naive. Major correction wont happen to glove stocks. Saw that? Dow jones dropped 600 pts. This shows how the market reacts to the fear of that virus thingy.

Have a nice weekend everyone.

Those funds withdrawn today from stock market have to look for somewhere to park. Today market is too red for them to choose. Nxt monday when china market crashed, then selective counters like glove stocks in bursa will stand out well. During that time, all funds will hoot in and sorry to say it will never come back to current RM1+ levels. Factor in the good QR results that will be release in feb might even push the share price beyond rm3.

0.65 might be the end of the 1 month drop

Good luck all.

Those who cut loss today will realise they have no place to park their cash. End up all pump into glove stock near the closing session. The fear accumulates throughout the weekend will burst in nxt monday. Just like the week before.

Just sell all stocks and park the money in glove stocks. Market is crashing further!

LOL saw the show at 1.85 level sell queue? 1 second wipe all

Fake sell queue at 1.82 and 1.83. To trap ikan bilis sell their tickets at lower price. Later you see those 1mil + sell queues gone in a split of second and the price shoot up. Then ikan bilis go chase high again.

The share price shall rise until the PE reaches about the same level with top glove.

xD

Big sharks are pressing and collecting atm.

Nxt round of rocket shall start soon.

There are still some stubborn investors holding other counters and hope for rebounds. Tommorow market will show them what is doom. Unless a proper cure is developed and announced officially by China government, otherwise all the other counters that are unrelated to healthcare/gloves/masks could hardly recover.

All stocks in bursa fall like hell except those related to healthcare, gloves, masks. Expecting more funds coming in to these counters. In coming days, more have to cut loss in other counters and pump their money into these counters.

The healthcare department?

@tigerball wuhan case will benefit tdm

How?

CPO rebounded!

When the trend comes to steel sector, it flies again :)

This counter is like that. When volume comes in then it spikes up.

Waiting for someone to push :)

Last support 0.72?

Lol..

Melewar is too undervalued