DJIA future up 400 pts, Nikkei future up , FTSE future up

Scenario 1: Up 2.00 retracement down 1.00, you lose
Scenario 2: Down 1.00 up 2.00, you win.

Chance 50-50 unless you are the shark.

Moral of the story, RSI overbought yes. But when the heavy selling comes, we don't know.

What we know is direction is up.

You want sure win, do averaging.
You want maximize profit or less profit, you all-in 1 price.

For those who didn't know...on the last 5 minute of last Friday, close to 11,000 lots of TG share we're sapu-ed. That's is RM22 million worth of share.

I think correction won't come until the last week of July where it got 1 warrant expire.

I give you one real scenario I encountered.

We used to go Bukit Tinggi near Genting Highlands for dinner. As we arrived, we saw 1 restaurant full house. The one next to it "Pak wu ying" (hitting flies). For time purposes, we chose the one with less crowd. Wah guess, what happened. That guy over charged us like crazy. We complained but nothing can do. We say this is 1 time business.

Like Totalpackage said, correction is normal. If down you top up loh....no money top up...you wait until QR lar. The other side of the coin, you don't buy and it didnt have correction, you miss the boat lar. Nothing complicated.

Firstly, know this fact: stock prices WILL NOT move if no one buy or sell.

Now, based on the above, current expectation is that it will go up. Why? Because the crowd expect it to go up. That includes IB, retailers, Tan Sri, etc. That's why the current marketing trend is TP up up up. That translate to BUY.

Risk? Yes. Worth the risk - I think yes. But to borrow to invest? Please DON'T. So, that if the risk comes true, you won't lose your pants.

So, you want to follow the majority or you want to follow the minority?

You choose.

Unless the world stock suddenly tumble or we go into recession or Trump do some stupid war.

Since Tan Sri so confident, buy back share, get into interviews, and Supermax report so good, so I very confident RM25 at least.

I am confident it will fly. When I dunno. But it will fly. If TG fail, the rest of the gloves players, will ham ka chan. Maybe hkc is a bit harsh...the rest will fall also.

Shoot back to current price? I think you got misunderstanding of what is bonus issue. I suggest you read a bit on the internet about bonus issue

Let’s consider second scenario: if your friend is got wrong insider news, no bonus issue and you sold....I bet you can imagine the rest of the story

Bonus issue is usually a good thing. You get extra share for free, more ppl can enter the market, although share price will fall. Since TG is fundamentally strong for now, why sell? You got no confidence?

Why your friend tell you to sell if give you bonus issue?

10000 X 100 X 21.92 = RM21.92 million

@investopology ... it's 10000 lots...insane..Monday is going to be lift off!!

@steven you sure or not...still coming down woh

It's true...but if you have limited capital, I prefer to jump between counters. Supermax QR come first before TG. That's why i was at Supermax. Now waiting for TG to leak some news. Haha.

Just remember...play small win small. But play small lose small. You play big win big. But if fall, you lose until your pants also koyak

Actually, sell this sell that to buy stock...I highly DO NOT recommend you do that. No ah long, no lend money.

If you notice a pattern...Harta went up kao kao already. Now Supermax turn...come up kao kao. I expect next is TG....goreng up kao kao.

European market turn green already. Stock will start to rise

Today Hong Kong drop like shit after Trump say peg HKD

Politics always have impact. Why do you think when they say windfall tax then straight ppl sell?

@zhang we'll see. I'll react base on outcome.

Singapore today election. So TG Singapore not being traded. If everything goes well, I expect monday to fly

So the last week of July I expect a slight fall like 60 cent

TG got warrant expiring end of July

Made some good money this few day...lock profit...now can buy TG for it's potential.

I came from Supermax now join TG...got welcome welcome? haha

1:1 is very kind. But corporate like to play copy copy. So I think they might follow TG. 0.10 dividend

Haha joking only...

Later TP by IB raise again...TP 16 ...you see lar

No money no strategy...you gamble lol

RM13 resistance only 3000...even less than 12.00

12.40 already...will CIMB and UOB revise TP to KENANGA 14?

RM18 is by Nov. So RM14 is fair for this Quarter

if 13 The Edge will sure write about supermax....but 13 is too high of a call today

When i was younger...I use to enjoy this
DOUBLE KILL
TRIPLE KILL
QUADRA KILL

PEN PEN PEN PEN PENTA KILL!!!!

If 12.00 is not as resistance as 11.00, it only means 1 thing. People believe the share will go higher

12.40 coming

It seems 12 is not as resistance as 11. only 8000 lots

Now volume die down already...wait see got late show or not

Look at the volume...it is so alive so active...not good time to sell

11.50-11.70 today i believe

RM12 is unlikely today

at least 11.40 today

Supermax: Lei hou mei?
Topglove: Wait lar...tieing shoelace
Supermax: 5 5 lar...
Topglove: This is marathon lar..steady lar

@joyvest you are right but....if they want to exit now, they won't continue buying at 10.90.

This Friday Singapore election. Take note