Hi all, I've been observing this counter past few days. I think the current rally is partly sentiment driven, no doubt sharks are present as market size is small enough to rally high (RM180m @ 0.60, 300m shares). E.g. today, so far only large spike accumulation from 9AM-9.15AM, rest has been small buyers.

speaking particularly to newbies, do be mindful of how large players move markets- these are particular to the whales (IBs/pension funds etc.) but you can apply the principle to any group of people who have the ability to move markets.

This is a pretty good link to check out:

https://www.tradingview.com/chart/CAREPLS/DpSROXoK-Understand-How-Whales-Operate-Malaysian-Glove-Stocks/

Not to say it's not worth putting money in, the profit drive is decent. But you should have an exit strategy too (and probably not put in all your money in one counter), especially if you bought higher and when distribution phase kicks in. otherwise you will be trapped high during the cycles.

Just my 2 sen especially to newbies. I've been one myself and the high greens can easily push all other considerations aside. peace.

chainsaber@ELT@0.87

= ID Name (chainsaber)
= Emergency Line Team (ELT)
= Average share hold price (0.87)

Thank you!