For those naively waiting for Q2 result, you should know this. Market will look past Q2. It is looking at 6 - 8 mths ahead. This is where the dreadful negative news is hanging on the horizon. When this fast track vaccine development bears fruit. Vaccine found n being deployed across the globe. Then market will look what is the implication of that yet further down the horizon. Demand for gloves to come down drastically. It will start to factor all these negative horizon now bcause it is a leading indicator.

As in any MANIA, it WILL PASS and BURN YOUR BALLS in the process.

Same thing as bitcoin lar. When btc at usd20k, a prominent wallstreet financial consultant came out to say it was on its way to usd40k. Some even suggested usd100k and usd200k. Btc brothers said they were not selling. European couple mortgaged their house to buy btc. Then it tumbled down to usd7k.

I know lah. I was adventurous enough to buy it at rm50k n sold at rm72k. It went as high as rm80k++ a piece on the local exchange as people were targeting rm160 - 200k.

You may argue that intrinsic value of btc n supermx are completely different. But they hv a common denominator => MANIA. I say it again, MANIA.

Ravi. I said 5 trading days fr 2 days ago. My chart says monday below 17.00 otw to 15.00 - 15.70. Clear like crystal for those who master the art of technicals. When price swings are getting tighter n tighter along a straight line base, it will fall below that base.

For that pundek 2u2 asking, this is my life. All you need to do is master some key technicals n patterns, then you will be making much much more than company CEOs. The more your base grows, the more you make. No traffic. No dragging yrselve every morning to sit at desk like idiot. No bossy fat lady to tell you yr fly is open when it is not. You got my drifts. But dont go overboard into counting waves in ocean, bcause it wud work against u.

Some rules of thumb to follow though. Every now n then when i pass on my insights you listen lar. These are acquired over decades. For example after you hit a homerun like i did put in a mil$ n came out 10.4$, never risk more than 30% of this gain.

Another one is when flashy headlines are being picked up by regional/world news like msian glove makers striking it big amidst pandemic, or top glove has overtaken public bank in market cap, THEN THE END IS NEAR.

Sorry grammar mistake....will whack..

To make your weekend bright n beautiful l tell you now that i will whacked it 3mil$ worth at super low risk area. That is at 19.80 - 20.50 but not below that. But as it is now i think the whole sector will reverse course bcause top glove as #2 nation biggest company is absurd.

Sbm. You ever wonder why there is a proffession called interpreter? n many worlds sitting presidents use them? Pardon me if i mispelt profession. One f or 2 fs? Its not a yardstick to gauge whether its a stone or a diamond. This is where your high intelligence combined with near zero wisdom fools you into becoming an s hole.

Hoaydustbin. You forgetting that for every buyer there is a seller. Why the fk are they selling?

Listen lar. I been around since they whacked repco fr 3.00 to 140.00.

Market doesnt work like what you think. It doesnt give you easy money. You saw carepls n you want to apply the same formulae on supermx. Not that a-b-c easy. Other factors will kick in. One of them is the whole sector on its way down n it will play havoc into that formulae.

Invest to greatness. I will send you a gavel, a wig n a high bench so that you can do a lot better job at it.

OTB succumbed to panic selling n bought back at higher price. Now justifying going against the market. He can justify until his mouth foamy but market action says otherwise. All gloves are turning south big time.

Top glove will be #1 company in this bolehland? You kidding me. All of them are in la la land. Temporary spike n will not sustain there for long. Many of you will get burnt. Whats waiting on the other side of this covid hill is so dreadful that it will kill greater fools big time. So market is running out of greaters fools n price is reversing.

Just a head up. Im selling out on Bio monday. The reason is very interesting. A lot you can learn from it. I let you know after im done selling.

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Oldman here pitty newbies. Nothing built up to this trade. All a sudden people got idea that pharma cos r good bcause vaccine coming. It popped n gone. A one day rush. A one day wonder. It was a mistake. Get out at a loss. Dont buy more or try to buy lower. Take a loss n move on. A one day wonder will find its way back to square one.

Tallman. Hv you heard "sell on news" aspect of stock trade?

Of course there were people buying carepls 2.45 - 2.60 today. Bcause they are naive about this aspect of knowledge/know-how. Equip yrselves with knowledge/know-how/rule-of-thumb b4 you jump in n take the risk.

As i said share price moves in its technical mould yet to be explained by science. Its true 100 yrs ago n its true now.

Carepls previous peak 1.82
Its previous valley 1.19
Technical target = 1.82 + (1.82 - 1.19) = 2.45

It closed at 2.46 today. This is its new peak. It will fall from here to search for a valley.

So you buy at 1.82 - 1.90 n you sell at 2.40 - 2.45. You dont buy at 1.25 or sell at 2.55. You buy n sell at low risk area.

Another drizzling cooling evening. Nice.

Let me give you ladies n gentlemen a little pointers how to trade financial markets.

You cant see the future. The similitude is you cant see in the dark. Say you in yr fortress n you cant see in the dark outside yr fortress. Your enemy in the dark n you think he will go away n you r very certain of it. Of course you cant be sure bcause you cant see him.

So what do you do to manage this risk? You place some markers or night sensors along the way. When these sensors start to trigger one after the other, at what point you must admit that you are wrong that the enemy is coming for you instead of going away?

This is what experts say admit your mistake early n get out of yr trade quickly, in other words "cut yr losses short".

At what point for supermx price to hit when you should admit its not going for 20.00, 24.00 or 30.00 ?? Instead there is a real possibility that you hv been dead wrong n its coming for 12.50, 10.00 or even lower ??

Food for thoughts... good luck.

Bstead sank below its breakout point 0.695. Cut loss triggered. "Cut yr losses short, let yr profit runs"

JCY still on track to 0.565.
Fgv to 1.39.

Bio to 0.49. When the crooks are playing dead now its hard to believe. When they start their magic show you will be chasing like crazy.

OVH another sky high candidate in the making. Accumulation in progress.

Supermx - at tail end of its descending triangle formation. It will drop to 15.00 - 15.70.

Iris - wait n see monday morning whether these crooks setting a trap this evening or not. I think they are. They selling what they accumulated at 0.22 - 0.25.

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Fuk. No go on iris. No green light. No heavy buying at 0.30. It will close 0.295 for a short term trap.

Fgv as well will go up to 1.39

OVH - a clear sign of accumulation. 110% sure it will go up past 0.55 peak.

Bio update. Bio shark is playing dead. He slowly2 collecting at 0.295. He very rich pretending to be poor buying in small2 pieces. 110% sure he will goreng this one sky high. Hold yr horses.

Iris - itchy finger already to whack but must follow rule that it must close at or above its previous intraday peak of 0.30. Wait patiently near closing.

Ready to whack iris at 4.43 pm for $200k should it manage to stay at 0.30 n above by then...

Additional buy order in for iris at 0.29. This is its previous peak.

Glove world - top glove leading the pack down now. I told u my chart says supermx will sink to 15.00 - 15.70.

Iris boss poh been buying a lot of shares every other day. Something must be brewing. Bought some at 0.305.

Iris staging a breakout above previous peak. If it can hold for 10 mins, jump on board please bcause its heading for 0.39.

Positive mindset at the peak of a mania will land you to holland with no underwear. Its called a psychological trap.

This market kok perking up a little bit this evening but not strong enuf to fuk.

Wow juicy bio. Adding more at 0.285. Its in the squeeze oversold region. It will bounce back to close at 0.30 today.

Jiunn. Only an idiot sitting on a beach counting waves.

I hv said enuf. Now i let the market to do the talking for me.

The vaccine will come out of china where it all started. It will shock the glove mania into a free fall. Escape while you still can.

Market all of a sudden will factor in this vaccine development progress n share prices of glove makers will drop like a stone. Mark my words.

Another heat to sweat OTB balls:

"Liu Jingzhen, chairman of China National Pharmaceutical Group (SinoPharm), told state broadcaster CCTV on Tuesday that SinoPharm started phase three clinical trials in late June and the product was expected to enter the market by the end of the year.


“Phase three trials should be completed in about three months. In the meantime, they are in the final stages of approval,” he was quoted as saying."

I am sure OTB balls are shaking n sweating after reading my comment above. And now this spinner is spinning wildly to figure out how to backtrack he he..

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Remember. Technicals are very powerful. They can beat manipulator any time. As in magic, yet unexplained by science, prices move in their technical mould.

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This is where that retard failed to see. It would have to take supermax to 27.40 to match bio's move from 0.31 to 0.49.

Breakout technical target = 0.395 + (0.395 - 0.30) = 0.49 thereabout.

Btw there is a systematic method how these bio sharks collecting shares at this 0.30 - 0.32 depressed price. They scare you into selling n they block it from going up..buy n keep, wait a few days bcause nothing will happen today..

Now im holding 114,000 lots bio @ avg price 0.26321 & 8,000 lots of warrants # 0.1262. Hold ride it up patiently waiting for the breakout above 0.40. As i said a simple trading math (read somewhere above). Follow me for big money. Forget about glove. Its history.

Bought last batch bio 150k$ at 0.305. Total today 1mil$.

150k$ bio buy order at 0.30 matched..

150k$ bio buy order at 0.305 matched

150k$ bio buy order at 0.31 matched

Bought some fgv at 1.25. Already a breakout above 1.20 on its way to 1.39/1.40.

Added some more bstead at 0.695. Support is holding well. Tp 0.875.

Bio - 4 orders keyed in. 150k$ each at 0.31, 0.305, 0.30 & 0.295..

Bio - a simple straightforward trading math: a group of big sharks took a beating in yesterday afternoon trades. They are adding to their positions on weakness now. When the time is right, they will push this up past 0.40. That time could be a few days. Buy now, lower than this group avg price, n you will make big money in a few days.