You invest for the future & the future is not glove. The future is vaccine that will kill demand for gloves. That is all that there is to it. All these projections are speculation with evil intention that will end up in tears for many. Stay away.

Btw wallstreet has just completed a double top move. It will lead the world's stock market much lower for the next few months. Stay sidelined with 100% cash.

This market is VERY BAD. I am tracking 27 stocks in my favourite list and EVERY SINGLE ONE of them is COMING DOWN. Supermx is in the list. STAY OUT of this market for 2 MONTHS.

Bubbly move towards closing all round. Tommorow, all red the whole day.

Carepls => just turned from green to red
Comfort => red
Next => supermx. Even red today you need to sell bcause another big fall coming tomolo. This is how its coming down. Big fall one day, rest with small gain/loss next day to be followed by another big drop the following day.

Whichever way you look at it, its not good. 0.44 up from yesterday but 1.10 drop from todays peak. Another big > 2.00 drop tommorow. Its time for you to escape now. Seiously.

Didnt it occur to you that the run from 1.40 to 24.00++ is already exotic n spectacular that it is already on its way down now??

What makes you think you can escape before the ultimate fall? Market has a way to lure you in n trap you. Like a dead cat bounce this morning. You buy in bcause market psycho you in, then you will get trapped in subsequent falls.

Be careful. Got this one idiot asking people to hold for 5 mths. By that time this glove bull already resting in peace 6 feet under. Vaccine deployed worldwide, some arriving at klia, new infected covid cases coming spiralling down.

Who wants to own a company knowing future revenues coming down by 70%?? You invest in a company with bright future. Not the opposite. Peaking 300% revenue n then losing 70% revenue. At what point you will lose yr underwear ?

Everything will turn RED in the afternoon.

Intraday chart has broken down. Afternoon towards 18.57.

The same for top glove. 24.17 afternoon.

This is a DEAD CAT BOUNCE, infact its taking place cross the board in many other counters.

BIG DROP tommorow.

15.70 - 15.90 by monday/tuesday

Big drop tommorow. > 2.00 drop. This is how these things coming down. Not in a straight line.

Red trades in afternoon session...

The same is true for top glove. Uptrend line broken. Its going down.

If you connect all the low points from 29 june to form an uptrend line, this line was decisively broken yesterday. Sell into strength. Tp 15.70 - 15.90.

One thing you should know when a bubble bursts, it doesnt care whether you are big or small, whether you are a manipulator or an innocent, it takes everyone down with it.

OTB hiding in cave lar now that the price is down, shaking his balls. When price jumps >2.00 then he will come out pretending that his balls were never shaken. Most likely sitting on fence waiting to jump on naysayers later when price recovers or about to issue sell recommendation to his idiot gang. Dream on. This bubble is bursting.

I hv better eyes n bigger brain than you. I see what you dont see.

A few months from now you will see how what you thought as innocent unproven putin's sputnik V vaccine was the thorn that puntured this glove bubble.

What was thought to be a year away, is in fact a few months away. Putin's vaccine will hit the market by november. B4 that he will ship tens of million doses to trump to help him win election b4 3rd november. Glove prices will dive another leg lower from the current coming pitt stop which will happen in the next few days.

What all these say is these glove manufacturers windfalls are SHORTLIVED. Share prices will come down MUCH EARLIER than the drop in no of newly infected cases n drop in glove demand.

Remember when i decided to move into 100% cash last thurs evening bcause i could not understand how hlt & notion could make tripple limit up move?

Hlt high was 3.33 the next day. Now its 1.55, > 50% drop.

Notion high was 2.34 the next day. Its 1.10 now, again > 50% drop.

The charts for both of these clearly show they r on the way down near their square one n will stay down with no rebound, other words BUBBLE IS BURSTING.

Naturally you should expect supermx n all other glove counters to follow similar path => ON THE WAY DOWN & WILL STAY DOWN.

STAY AWAY FROM ALL GLOVES BECAUSE THE GREAT GLOVE BUBBLE OF COVID 19 PANDEMIC 2020 IS BURSTING. And you are in the midst of it but you havent realised it yet.

Immediate technical target 15.80

Down to todays low of 18.08 n staged a technical rebound to 20.36 n down again otw to 18.08. Last close 18.88.

Tommorow dont be fooled by early green bcause a drop below 18.08 would take it to 15.80.

Technical target = 18.08 - (20.36 - 18.08) = 15.80

But dont be surprised if it goes all the way to test the recent correction low of 12.52 just to make you pee in yr pants..

He he....hu hu...la la la...its going for sixteen something as i predicted all along when it was at 22.00 - 24.00.

Now you only see arr. I saw this 10 steps ahead.

Dont be a fool if some idiot the like of you know who comes out to say last qtr eps 30 cents annualised to 1.20 with 35 pe the price should be 40.00.

Market knows the vaccine will kill glove manufacturers shortlived fortunes. It is a leading indicator. It reacts ahead of time.

Yes. Vaccine headlines will hit the news again n again. This is only the beginning with putin vaccine. Trump vaccine, chinese vaccine, oxford vaccine, brazilian vaccine, vaccine production, shipment, countries trying to jump queue to get vaccine, malaysia included.

Vaccine arriving at klia cargo with big news announcement, where to get vaccinated etc. This going to be huge. Imagine what these wud do to supermx trading price & sentiment ?

Ultimately WHO approved vaccine wud be the nail on this glove rally coffin. Then it will slowly drifting lower into its grave, final resting place.

While it is still in its early days of descend, get out n dont look back !

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12.20 pm wed 12 aug 2020. Mark this bcause it is the last time it makes a drop below 20.00. Quote this again a year from now on 12 aug 2021 when it is trading at 8.50. Then you wud know what i mean when i say i am a real sifu.

Everything making a uturn now from their respective technical rebound peak

A year from now when it is trading at 8.50 n if you want to brag that you managed to sell it above 20.00, this is yr last chance ti sell 20.20 bcause after today above 20.00 will be forever history that will never return.

Whenever it tries to raise its head above 20.00 you chop it off. Bcause now its near end of its technical rebound. It will weaken again in afternoon and you after today will never see 20.00 n above again in yr lifetime.

Stay clear. IT'S A DAMAGED GOODS ALREADY. It will drop below todays low of 18.08 by end of day this friday.

Sell into any rebounds. This is not over.

Lkl hitting limit down. Next are carepls n comfort. Supermx going for 18.00.

Comfort going to crash in less than an hour. And so will carepls. Naturally supermx will then take a big hit.

Seriously all gloves are hanging by the thread. Comfort & carepls will hit limit down b4 lunch. Stay clear of this supermx.

Ist phase target: 30% off peak = 0.7 × 24.00 = 16.50

2nd phase target = 50% of 1st phase target = 0.5 × 16.50 = 8.25

Sell into any technical rebound bcause vaccine is out n it will kill demand for gloves big time

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Nervous? You better be bcause today is a race to the bottom. The earlier you bail out the better off you'd be.

"The head of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev said, the people who were injected with the vaccine developed immunity on the 21st day after receiving the first dose. The immunity of these people doubled after receiving the second dose.

"I can tell you, from the first and second phase we have a hundred per cent of people developing immunity after day 21. It doubles after the second shot. Hundred per cent of animals were also protected (against the novel coronavirus)," said Dmitriev."

=> Within a month after injection with this russian vaccine, covid-19 new infection will drop 90% n so will hospital loads

=> Vaccine mass production starts in september, billions doses shipped out by november worldwide. By dec/jan new daily infection rate will plunge

=> Massive cancellation of glove orders from malaysian manufacturers, earnings plunge

=> Of course share price will plunge much earlier than jan/feb when this negative outlook would hv become clear by then

He he....putin vaccine glove selloff big time tommorow right at the opening bell. Putin himself the president making the statement, not some small timer head of medical research.

Fasten yr seatbelt. It will race down at get-go. He he...sure all balls shaking oredy tonight.

SPUTNIK V will crash this glove mania tommorow. Its APPROVED. Putin's daughter has been injected => it works n its safe, so have frontline workers.

20 BILLION DOSES OF THIS SPUTNIK V VACCINE HAVE BEEN ORDERED BY 20 COUNTRIES

Cut queue at opening bell n dump it all if you dont want to suffer 20% or more losses.

Ongong2020. Lack of experience has caused you to go all in on the wrong side of this trade. Let me give you an invaluable advice b4 you get stuck here n having to sell at a loss at much lower level later.

"When you find yourself on the wrong side of the trade, quickly admit your mistake n get out of that trade quickly". Sell all the first 1/2 hr tomolo.

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Supermx sell the news tp = 21.66 × 0.8 = 17.33. I bet my ass that it will happen.

Putin: Russia has developed the world's first covid-19 vaccine.

Wow some serious drop coming the next 3 days. All recent speculative stocks making full reversal to square one - pohkong, nice, notion, hlt, lkl.

And of course supermx will not be spared. It will be across the board sad days all round.

The gang is making half to two cents profit only on huge volume. Tomolo they disappear people trampling each other to exit door. Clear yr position b4 closing. If you dont know how to tango, do not join this dance.

It is at its half way point of full retracement. 3.11 to 2.11. Its well on its way to 1.11. How do i know? Bcause absence of immediate rebound. This lacking of rebound tells that recent hu ha speculative buying is making a full reversal. Had you bought at 3.11 pls take a 1.00 loss now to avoid the coming 2.00 loss.

Sell the news tp = 21.94 × 0.8 = 17.55, a 20% drop from here.

Victories99. A drop with no immediate rebound is not a good thing. Dont be surprised if it is already on its way back to suare one. Its square one, believe it or not, is 0.60.

Another round of churning 0.145/0.15 to release shares on hand. By end of day, this gang will have profit n zero shares on hand. Idiots will lose money n bursa syok2 making fees n commission from huge churning volume.

Victories99. You just got yrself a free round trip to holland 1.13 to 2.00 n back to 1.13. He he...next time learn to cut loss at 7% below yr cost..