honestly no....i made few k's in 2 glove stock. even if i lose money what is wrong being a good person by saving newbie from losing money. are u saying i'm jealous ppl make money so i try to make ppl miss the boat?? look at the price lah.....u think everyday can make all time high
@3jrockie You must be losing money Bull Run 03/07/2020 5:16
This forum is to keep others informed on latest updates be it good news or bad news so that they can act accordingly. Buy, sell or hold, let them decided for themselves. Happy weekend everyone, lets be ready for Monday's battle.
i know you guys are still onboard and don like what i said. but that doesn't mean i can't tell other the obvious fact. i tell me which stock doesn't correct after all time high. just plain simple. i hope monday crash and give u a big lesson....only stubborn head & ignorant ppl like you who doesn't use common sense. What i said is not TA or FA just a simple common sense reminder that market never go up in a straight line. did i say don't buy? i merely said take profit and wait......good luck to you both on monday you....you two already UP THE CAR!!....LOL
btw i calculated wrongly actually 3 glove stock and $20K profit in total. (now don complaint i make few k's and ask me to fxxk off yah) tried to tell you the truth u want ppl to proof this and that.....u want to see my broker screenshot?? LOL
From a RSI point of view, comfort and carepls not yet reach overbought levels like harta, supermx and topglov. As such, I would be more careful of the big 3 stocks making a correction in immediate future.
Monday won't correct lar....now market is back to the bull, some people of cos cautious but if you don't have the balls how to make money...Bull is intact...Comfort in and out dunno how many times already me. At least the shark is being good to me lol
As expected... morning price remained stagnant due T3 seling force ... buying momentum and volume just came in 4pm..... Monday RM3.50 / 3.60 shloun't be a problem....
Nicky, I am curious how u came up with the T3 argument. It means many bought on Wednesday. The same could have happened on Mon or tue and they would have dumped the stocks on Wed and Thurs. Why wed? Tq
@drobertp40... u can check the past 3 days volume and price .. Tuesday Comfort price jumped with big volume.. .. So today is T3 for those bot in on Tuesday to tale profit or force sell time.
If you think about it, everyone would exit big 4 for comfort for now because they think big 4 pr are too high but after market correction it will be the other way round, taking shelter before storm at comfort counter?
@liyita BIG 4 GLOVE stocks is too high to make a lot of money, so I sold it.
drobertp40 From a RSI point of view, comfort and carepls not yet reach overbought levels like harta, supermx and topglov. As such, I would be more careful of the big 3 stocks making a correction in immediate future. 03/07/2020 7:58 PM
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You should check the big 3 RSI over the past 6 months before you say this. Supermax was in overbought territory for 1 whole month before correction and within that one month it went up from below $2 to $9. Don't over rely on technical analysis for gloves.
Fightingdragons, point taken. Tq. I was making the argument that an overbought RSi stock has higher chance to make correction than one that is not - the focus was on the not overbought stock where in general rubber glove demand is in a frenzy state.
Agreed with @drobertp40....chances of counters to correct is higher with overbought counters move into neutral position & equilibrium eventually. Therefore better to focus on neutral counter with potential to move higher & reduce chances of capital reduction....imho Disclaimer: not buy,/sell call
The increase of the selling does not cost the company anything. It is pure profit.
To be safe I cannot assume Comfort to double its selling price in the next quarter but it can gradually increase to double its selling price in the 4th quarter. In addition, I must consider the additional tax involved.
Assuming 100% minus 30% tax = 70% for 3 quarters. That is 23% per quarter.
1st quarter sale Rm 152 million, profit Rm 16.34 million
2nd quarter sale increases 23% of Rm 152 = Rm 35 million; profit Rm 16.34 million + Rm 35 million = Rm 51.3 million
Everything is illusion. Only one thing we can control, the rest are all in the hand of the Lord. Whether you are short or tall, handsome or otherwise and rich or poor, they are in the hand of the Lord. Some people became rich with minimum effort and some can kill themselves many times but remained poor. The answers is..FEAR, fear from God, fear from making sin and the punishment. FEAR the Lord like you fear the law, the prosecutor, the judge and the Police.
Aiyo..you never studied the trend. Usually after big run up of Top 4, these "anak-anak" will start to 'catch-up' whilst the top 4 resting. For those saying Comfort cannot go up straight line..yes ur right but it did actually corrected from 3.3+ to around 3.09 before rebounce. So it did corrected. Now all the indicators are looking good, Stochastic, Parabolic, RSI and Macd.
Lets just see. For those not in and afraid..just don't jump in and watch the show.
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Posted by EricChuaa > 2020-07-03 17:20 | Report Abuse
next week rm 4 mark my word