Posted by bigfu > 2021-12-01 09:06 | Report Abuse

Total Net Short Position for 29/11/2021
TOP GLOVE CORPORATION BERHAD 171,105,225
KOSSAN RUBBER INDUSTRIESBHD 49,718,265
SUPERMAX CORPORATION BERHAD 30,945,239

Posted by Anaconder > 2021-12-01 15:55 | Report Abuse

Chart can be manipulated, so don't believe too much

Posted by Junichiro > 2021-12-01 16:24 | Report Abuse

we are dealing with the probability of possibilities. Could the rebound be wave 4? And making another leg down ? So much unknowns. Those who bought and sold on the same day would probably have made money.

Posted by TA_BULLPLAY > 2021-12-01 17:47 | Report Abuse

@Anaconder Yes I agree, same goes to financial accounts. One thing I believe in chart is, 1 or 2 days candle can be manipulated, but a trend can never be manipulated. all the transaction and volume can be fake, 1 or 2 days yes, but not 1 or 2 months. That's what I love about chart!

Posted by TA_BULLPLAY > 2021-12-01 17:49 | Report Abuse

@Junichiro yeap, honestly speaking, buy and hold is definitely not the strategy to apply in a downtrend counter. Hit and run maybe better, provided u know when to get out. For glove, at least I'm looking for a bottoming first, then only we analyse when the reversal going to kick in. Cheers!