No any single stock will rise for everyday la. Correction is needed. I alrdy expected this. Just need to be careful and top up at discounted price. Dont rush in topping up.
I believe rubber Glove stocks have not hit the peak yet. These stocks are back up with good fundamental. Unlike 1993 bull market, many stocks are not back up with good fundamental. I recommend to buy on weakness on Comfort and Supermx. The game is not over yet. The final decision to buy is always yours. Tq. Ooi
Sanity is returning and prices are getting more realistic. Guess its due to the lofty prices of direct manufactures spilling to indirect manufacturers created by promoters that worries the banks and brokers; thus affecting the man-in-the-street. Smart investors already took the Q when gloves PE shot through the roof. A hard landing is imminent and its smart to take profit than to carry babies when the music stops
Chart superseded. The break below 3.61 is now delayed to after 4 pm. Another big move downside delayed to tomorrow. Anyway still avoid this trade by hook or crook.
After one or two days of corrections , next it may surge higher and important things is those who have holding power . Without corrections is quite unlogic after a very huge surge as no stock will continue to move upwards without taking a breather .
n any major play upside, once you make some money, you must be firmed to stay away. If you are not, it will psycho you n suck you in on the way down.
Watch market leader supermax. It should neutralise its grossly overbought condition to below 6.00. And it will take comfort and other glove bubbles down with it.
Investment bank cap glove stocks at RM1 for margin account holders since this banks did not want to bear risks with spike up price by many gloves stocks counters . But currently gloves demands exceed supply in the global market and gloves company are still reaping huge profits with their ASP .
Stanley thai wont be a 3bil$ man for long. Thats for sure. Too unrealistic to be true. This is your benchmark. Sell comfort n stay out for good. There will be too many gloves in the world soon that people will use them to wipe out their asses. Bubbly2 bubble already punctured.
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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....
晓雨霖
1,680 posts
Posted by 晓雨霖 > 2020-06-02 11:21 | Report Abuse
SOLD TO ASAP!!!
SOLD TO ASAP!!!
SOLD TO ASAP!!!