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2020-09-10 11:39 | Report Abuse
Supermax new TP based on todays movement = 4.45
At 19.50 (pre-bonus price) top glove has dropped below 20.00 psycho level. It will only head lower.
Comfort has dropped below 3.60 descending triangle => a major deadly move
The same goes for Carepls has dropped below descending triangle at 3.10. It will move 2.30 lower from there => 0.80 !!
IT IS A DEADLY MOVE ALL ROUND
GET THE HELL OUT OF THERE!
2020-09-10 11:25 | Report Abuse
All glove stocks technical charts from small cap to big cap are all firmly in a BEAR COUNTRY
2020-09-10 10:57 | Report Abuse
End of technical rebound. It will drift lower n stay low all day long.
2020-09-10 10:36 | Report Abuse
Top glove rsi at 8% = oversold
2020-09-10 09:56 | Report Abuse
Now that 7.25 support has broken, next support is much lower at 6.25
2020-09-10 09:46 | Report Abuse
Dont leave out jacko jaks n dog dayang
2020-09-09 17:32 | Report Abuse
Same fate for top glove. It has dropped below recent retracement low of 22.42 ÷ 3 = 7.47
Its tp = 5.62.
Learn basics first lar. Dont simply hentam.
2020-09-09 17:20 | Report Abuse
Last time drop to 15.90 then rebounded to 22.00. When it went below 15.90 this time then it would give way big time lar. Basic also dont know ka. 15.90 ÷ 2 = 7.95.
Tp = 16.70 - (22.14 - 16.70) = 11.26
11.26 ÷ 2 = 5.63
Next support at 14.50 ÷ 2 = 7.25
Once broken it will target 12.50 ÷ 2 = 6.25
Here it will stage a strong but shortlived rebound b4 it heads towards 5.63
2020-09-09 15:36 | Report Abuse
1. 7.95 support has been broken decisively
2. Once support broken the downside is tremendous
3. Now ding dong ding dong below broken support which means big drop tommorow bigger than todays drop
4. Top glove being raped big time by big seller judging by big volume. Unrelentless selling. One idiot fund is fighting a losing battle going against the tide.
5. Index has broken desicively below 1500 psychological barrier which means weaker market ahead
6. Wallstreet has entered a major pullback phase from march low rallies.
Expect a big downward move after 4 pm followed by big drop tommorow.
2020-09-09 11:54 | Report Abuse
Previous pullback low = 15.90 = 7.95 ex bonus. Any close below this today means you will die standing. Current price 7.90. Sell !!
2020-09-09 11:48 | Report Abuse
Revised TP = 0.36. Clearly it is a descending triangle breakdown below 0.56. Triangle base 0.56 - 0.76. Tp = 0.56 - (0.76 - 0.56) = 0.36. Its well on.its way back to square one at 10 cents. By hook or crook, SELL !!
2020-09-09 10:45 | Report Abuse
Price will not sustain. This bus company is late comer to glove when glove companies being sold down. They are late by 1 month.
2020-09-09 10:21 | Report Abuse
IT HAS DROPPED BELOW IT'S 50 DAY MOVING AVERAGE AT 8.37. IT WILL NOW TARGET 5.63.
TP = [16.70 - (22.14 - 16.70)]/2 = 5.63
GET OUT OF THERE !!
2020-09-09 09:04 | Report Abuse
I been advising people to get the hell out of there to deaf ears. A drop below 8.00 wud be fatal n irriversible bcause it wud be below 16.00 pre-bonus previous correction low.
As i said many a times, this virus will die n glove production will return to normal. As stock market is a leading indicator, share price reacts ahead of time and move lower ealier before demands for gloves plunge. People will race to move out of this stock earlier ahead of the inevitable head chopping sessions.
2020-09-08 10:38 | Report Abuse
Yesterday shark bought. This morning shark churn to distribute. Churn = active left pocket to right pocket trading to release shares in between. Now distribution completed, shark belly full, price falls. This easy straightforward gameplay also you cannot understand ka? Go fly kite lar. No need to trade stocks.
Btw today nothing to see. Everything will drift lower until market close. No money to me made from now till closing.
2020-09-07 16:52 | Report Abuse
Done. Enough lar 8 cents profit or 35% for a days work. See money take money dont be greedy.
2020-09-07 16:36 | Report Abuse
Only to 0.295/0.30 tmr. Its all in the chart. Anyway i bought ar 0.215. Will sell at 0.29/0.295.
2020-09-07 16:31 | Report Abuse
You follow kyy & otb you will masuk longkang proven time & again.
2020-09-07 14:48 | Report Abuse
I told u oredy. This is a chart breakout trade. Dont sell today. You can get 0.29/0.295 tomorrow.
2020-09-07 09:20 | Report Abuse
Chart breakout at 0.21. Buy !
22 may 0.21
03 june 0.125
Today 07 sep breaking out above 0.21
Tp = 0.21 + (0.21 - 0.125) = 0.295
2020-09-04 14:44 | Report Abuse
We will all look back at this period with fond memories. What a once in a lifetime experience. Before you enter a shop you must register yr name n record yr temperature n you must wear a face mask. You cant go in n out of your country for a year. Once bustling mamak restaurants were empty n abondoned.
A few flouted the rules n went for a jog in a park was fined rm1000 he he..One old senior citizen lady was fined rm8000 for breaking a house quarantine while a politician got off with only rm1000 for breaking the same rule ho ho..
Once the items you ignored in yr local convenient stores like face mask n hand glove became much sought after items. Price went thru the roof online.
Shares of glove companies exploded through the roof only to drop back to almost where they started. Supermx shares for example rallied from 2.00 to 24.00 & returned back to 3.50 (1.75 ex bonus issue price). Many got rich n many lost big money as well.
In the US, Donald Trump almost lost the election but vaccine deployment in the nick of time just before the election saved him from defeat.
2020-09-04 11:12 | Report Abuse
Just sell it off. Doesnt matter if you sell it at 0.71 or 0.76 bcause it will drop to below 0.55 from here. Bcause the big picture is markets worldwide are on the verge of 6 - 8 weeks downturn.
2020-09-04 11:10 | Report Abuse
Just sell it off. Doesnt matter if you sell it at 9.40 or 10.00 bcause it will drop 30 - 40% from here to 6.00 - 7.00. Bcause the big picture is markets worldwide are on the verge of 6 - 8 weeks downturn.
2020-09-04 09:55 | Report Abuse
After the dust settles by 10 am, everybody will be in an escape mode bcause they will by then see clearly that this market is going down over many2 days. Dump all now.
2020-09-04 09:54 | Report Abuse
After the dust settles by 10 am, everybody will be in an escape mode bcause they will by then see clearly that this market is going down over many2 days. Dump all now.
2020-09-04 09:19 | Report Abuse
You know how these things work? It drops some initially n stabilises. Then it plunges until your jaw drops. Dump all now !!
2020-09-04 09:18 | Report Abuse
You know how these things work? It drops some initially n stabilises. Then it plunges until your jaw drops. Dump all now !!
2020-09-04 08:25 | Report Abuse
You shit blood today in this bloodbath. Cut all queues n dump to first buyers on opening bell. Do not average down. Never average down. You average up, not down. Down you cut loss. There is a real possibility that wallstreet is just at its first uturn of a prolonged downward moves, ending this bubbly surge from the march low. Economies not doing well while markets doing well. This is only markets first baby step to come down n close this gap. A lot more drop in coming weeks. Get out!!! and protect yr capital.
2020-09-03 23:20 | Report Abuse
I told you already bubble deflating across the board. Wallstreet on free fall now. If your balls are not shaking, they better be. Because this is only the beginning of multi-weeks reversal, across the world.
Those climbed highest will be the hardest hit. Glove sector will crumble big time.
2020-09-03 23:17 | Report Abuse
I told you already bubble deflating across the board. Wallstreet on free fall now. If your balls are not shaking, they better be. Because this is only the beginning of multi-weeks reversal, across the world.
Stock: [SUPERMX]: SUPERMAX CORPORATION BHD
2020-09-10 15:26 | Report Abuse
Wait. Top glove will drop below 6.11 in a day or two. No hurry to buy supermx. They are all on the way down.