Looking at the last one week trading volumes, means hot money and Bankers quietly accumulating the AT shares, in turn the shares prices keep on dropping and dropping.. Beware...

More shares floating means trading buying selling opportunities for hot money to enter... Then follow by Bankers chipping in later...

I observed whenever AT additional listings of PP, SIS or Esos, investors became excited and queue to buy at lower prices as they know, extra shares listings will inadvertently create selling in the open market unless AT management announced no more PP shares issue to be issued in the near future.. Then perhaps investors will gain confidence..

Today open green and 1st resistance is 0.195, buying momentum build up at yesterday last ten minutes.. Good luck...

I have observation closing price at 4:50 pm is 0.175, the selling volume for the last ten minutes only done 3.5 millions shares, which is very small volume, it seems that the sellers are not having the volume to push down the share price tomorrow, it should open higher than 0.18 due to strong buying momentum at 0.175 today..

gghaha, I agreed with you, sell now and buy back at RI price of 0.12 is a safe investment..

AT only down one sen compared with Big Four and small three is consider very strong support at 0.175 to 0.18 with smaller than daily average volume, it is a good sign for rebound..

AT presently employed less than 500 Malaysian and hostel facility not required, it has becomes a blessing for AT..

Today, Hartalega, Supermax, Kossan are down more than 10 % due to excessive employment of foreign labour and they have yo live at company hostels and chances of getting Covid-19 virus easily..

Jembo91, you have a point, it will takes a lot of volume to push down to 0.155, it also losing millions of ringgit to sell at a bit loss, now Malaysia is facing Covid-19 and economy issues, who is so stupid to waste money like that..

Hartalega 35 foreign employees tested positive for COVID-19 and more to come for Supermax, Kossan, Rubberex, Comfort and Careplus as they all employed foreign people in their factories.. However, AT Glove production workers all are Malaysian citizens, considering lucky..

AT have to close 0.18 support line because the long term trends lines 0.16 must remain intact otherwise it is entering bearish trends... Beware...

Top Glove share price is supported by Top Glove’s boss so the price cannot fall below RM 6.00, also local research houses not agree with the TP prices of JPMorgan..

Big boys all are busy supporting big four small three Glove company especially Hartalega and Supermax, so they don't have the time and funds to push down AT shares at the moment,..today is a lucky day..

Today strong selling pressure for all related Glove counters but it seems AT strong support at 0.18 and no retailers or Private Investors are selling today as the volume is small,....

For long terms buy on AT as technical charts for weekly and monthly still showing strong buys signals, moreover AT have substantial cash holdings with zero debts plus glove production already started, for around 0.18, it is a trading buy and long term buy as well.. Good luck..

JPMorgan has revised down the TP prices for Top Glove, Hartalega, Kossan and Supermax by minimum 30 %down, this will create selling pressure on AT shares.. Beware...

Look at Mlab today, new RI shares listed and immediately fall below RI price of 9 sens, last done is 8.5 sens, this will happen to DGB when RI listed, the share price will fall below 12 sens, it is better to sell now and buy back later when RI listing day at around 12 sens.. Beware..

Now it is a chance for DGB holders to sell the shares when big boys are still supporting the shares prices above 20 sens, once the RI days is near, the price will keep on dropping until at par with RI price of 12 sens, good example is Mlab, today price drop to RI price of 9 sens this morning, Mlab year high was around 80 sens and now only selling at 9.5 sens.. Beware...

The ideal profit for Private Investors or AT employees is 2 sens up from the price of PP and SIS subscriptions prices, due to bearish sentiments of AT delaying in Glove production schedules, it is difficult for them to have handsome profits at this moment...

The more AT additional issuing of PP which inadvertently give rise to total shares more than 4 billions shares which in turn leading to shares consolidation exercise at later stage, hopefully at end of 2022..

AT fundamental is good with enough fundings for Gloves venture business as long as no more future PP, Esos and SIS

You are a very wise man in strategy...

Strattegist, may I know the meaning of tonggeng tertonggeng.. I think it is applicable to AT price up and price down..

Something like PP or SIS at 0.17 or below, this will trigger more loss cutting and loss of confidence in AT management, consolidation of shares will happen very soon...

Definitely big boys willing to cut losses at 0.185 or even 0.18 if more funds raising continue again next week....

Today's selling price is 0.19, occasionally some small contra players cut loss at 0.185, only big boys can cut loss...

Due to hugh volumes of PP and SIS additional listings, this selling trends will go on for few weeks unless AT announce good news, otherwise this is a bad time to do contra play, today big boys

First genuine investors bought AT shares for Glove venture, then AT needs hugh amount of funds raising by keep on issuing PP, Esos and SIS but the outstanding total shares will exceed 4 billions shares, the next question is afte the completion of funds raising, is there any chance of having shares consolidation exercise.. I hope not so soon, at least wait until 2022 after AT making profits to reward the genuine retailers and Atian supporters...

The 200 days moving average is at RM 0.10, which is classified as a dead cross.. But it is impossible to reach as AT Glove production business already started, at the price of RM 0.10,it will be the cheapest glove manufacturing company in the world..

The strongest trend line is still RM 0.18, once it is broken down, the next immediate support will be 0.155.. Beware..

Actually it is more selling interest than buying interest..

Looking at movement of MACD and ADX, it is more bearish trend with low volume at the moment, trade cautiously..

In this type of trading, it will be unwise for day traders to join in unless daily volume increase to at least one billion, up half sen and down half sen, there is no benefit for hot money to come in so price stagnation is expected for at least few more weeks...

From the last ten days daily volume done, the share prices will stagnant for sometimes as market needs to absorb the frequency of the additional listing of PP and SIS in the open market unless AT announced the Glove manufacturing business news...

Kenie, I agree with you, see what happens to Mlab, after 10 became 1 consolidation, then RI of 9 sens, now the share price immediately drop from 30 sens till today's price of 9 sens, same price like RI price, DGB will happen the same when it is near to RI listing date, the price will drop to around 12 sens, sell the share now and buy back later at 12 sens..

Reap88, thanks, is there any more remaining PP shares from the proposed 750 millions to be issued..

Besides, today's additional listing of 67.5 millions of PP shares will be the last tranche PP shares, can anyone share the information...

Today Additional listings of 57.5 millions of PP shares at the price of RM 0.18.... trade cautiously...

MACD and ADX are not looking good, but daily chart still buy signal, if AT price break down to 0.18, then it is bearish trend, a sell signal will emerge... trade cautiously...

I have observed when AT price down with more than 400 millions shares traded is contra sell signal whereas when AT price closed up with less than 400 millions shares traded is a strong buy signal..

Big boys has changed their after the photo shoot, no more selling pressure towards 0.18....

linheng, thanks for the info and hope you may keep us posted for Iconic news..

Today AT has the lowest volume and open higher, it means it will rebound very soon by new few weeks and today and tomorrow will be the last chance to collect at 0.185 to 0.19... Good luck.. ti

Since AT published the Glove production process pictures, it seems that the big boys are quietly accumulating the AT shares...

The selling is diminishing each day, those who bought at 0.185 was the lucky ones, when PP shares priced at 0.18 and SIS priced at 0.19, this shows that Private Investors and AT employees have strong confidence in AT Gloves production business, early birds get the worms...

AT offered SIS around 161 millions shares to their directors and employees at RM 0.19...

Next few days, we have to monitor the prices as most of PP shares subscribed for the price of RM 0.18...

Today strong support is intact and who ever bought at 0.185 is very lucky as sellers are willing to cut big losses and sell at 0.185 unless there is bad news about AT, so far the prices formed at strong base of 0.19 and 0.195 to stabilised before the next rally towards 0.30..

Top Glove QR profit more than RM 2.65 billions, it shows that ASP for gloves is still very strong...