russian approved the vaccine but the earliest date it will be available worldwide is early next year. the mass vaccination alone will take months before everyone is fully vaccinated. Until this happens, I can see why gloves, masks and sanitizer will be in high demand. Enjoy...
When the price is low people dont buy, when the price is rocketing people rush. If you dont have any position yet. Please calm down and see how tommorow is like first. Another limit up maybe.. but it can also be selll down. Take time to watch and enter at best price. Dont chase early in the morning, market tend to push up high before they sell back down first. Take your time .. is not a race. Happy Trading giuys
Last round continue up for at least 3 days. Expected to be similar trend this round. Hope it will touch rm2 again. It seems foreign fund inflow to have a short term investment in glove counters. Even vaccine is found, it will take at least 2-3 quarters to have it available for public. Then still time for glove counters to enjoy a very good profit for this period. The gloves counters will be the focus for now. For those who still keep the share, enjoy the moment. For those who want to coming in still not too late as still potential to further up.
TP1 = 1.4, TP2 = 1.8 and TP3 = 2.0. If the price can break these resistant lines, then it can move up further. Last round just touching TP 2.0 but didn't manage to hold before it down until 0.8. The demand is suddenly up because everyone just focus on glove counters and medical as for sure we will see the good QR vs other sectors such as properties which will have a significant drop in their next QR for sure.
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....
kenztang2000
38 posts
Posted by kenztang2000 > 2020-08-18 16:01 | Report Abuse
Not 30% is 30 cents share price below Rm1