Careplus will need to catch up with comfort and ruberex. Go go go. By end 2020, careplus has 6B pcs production, easily put them on 5th placed for glove company listed in klse.
Glove counter on trend reversal - could easily retrace 50% of recent gains over the next few days. Now all are overpriced and unsustainable. IBs may release part of their trapped shares bought during the previous price surge.
pullback period..glove counter will see raise accordingly, but it will not be a super bull run like we experienced before..i do believe careplus will break all time high soon supported from its continously QR performance, but it will not be too soon, it will be gradual slow & steady
i dont see any sell signal..what i see is a healthy pullback unless it pulls way below 3.7..so far the pattern is healthy..im generous to the market, not to the broker
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buy sell buy sell strategy is good for counter with very strong pullback or sideway..but it is not a good strategy for counter that have a small healthy pullback with continous zig-zag uptrend pattern as u will most probably miss the big moment, either u're too scared due to your buy sell buy sell habit or u will be trapped at the peak..pick your game properly
woo16899 Glove counter on trend reversal - could easily retrace 50% of recent gains over the next few days. Now all are overpriced and unsustainable. IBs may release part of their trapped shares bought during the previous price surge.
just set your trailing profit/stop to 3.69/3.68 on your brokerage apps as your safety net if you're not confident with the bull trend & relax..taking the shape, i dun think it will drop to 3.6 nor 3.7 but who knows if something very funny might happen in the end
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Gooner82
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Posted by Gooner82 > 2020-10-15 00:00 | Report Abuse
Careplus will need to catch up with comfort and ruberex. Go go go. By end 2020, careplus has 6B pcs production, easily put them on 5th placed for glove company listed in klse.