I also encourage you to observe the bonus price for Euro Bhd. The moment it opened the next day, the prices went down by 0.15cents, then only on the 3rd or 4th day it begins rising up again. I do not claim that it will be the same for Eita, but I just want to bring some perspective especially for those who are new here. Give it a few days before deciding what to do.

Secondly, once the bonus is added into the account, it could potentially rise since the number of stocks/volume has increased.

The support resistance level entry is at 1.755 with a medium TP of 2.05. Hopefully, it breaks the resistance soon, and it starts its upward trend. We're not too far technically speaking!

Just my thoughts and I hope it helps bring some perspective.

There must have also been many contra players yesterday, who bought in the morning hoping the price will rise. When they saw no rebound after lunch (how it happened the day before RM3.30-RM3.60); they started offloading, selling off to cut their lost.
I believe we should see some stability from Friday leading into next week.

Based on my observation, EITA has always remained around 1.60-1.80 (price history) for the past year. It is a company with strong fundamentals and clearly capable of a rebound in the near future.

The panic sellers involve those who have not studied the fundamentals/technical analysis and the possible growth prospect of a company.
The support level is definitely there and based on consideration the many sellers have sold off in panic because the price dropped.
Based on https://www.tradingview.com/symbols/MYX-EITA/ it is maintained a "buy" stock.
Hence your holding power and patience will surely be paid off.

The medium TP is at 2.05. Stay calm and hold. Don't have to panic and lose your capital.
We stand together and hold! The lower the price, the more buyers can come in and ultimately QR is coming out on the 25th of February.

KKM has hinted that MCO will not exceed 4 weeks. Upon completion of MCO, they will retreat back to CMCO for 3 months

Source : The Star

PUTRAJAYA: The Health Ministry has hinted that the current movement control order (MCO) will end, followed by three months of conditional MCO.

Health director-general Tan Sri Dr Noor Hisham Abdullah said the government is not keen to implement the MCO for a long period due to the livelihoods it could affect.

“We do not want to prolong the MCO.

“If we implement the MCO for four weeks until early February, and then followed by a conditional MCO for three months, we hope we can reduce the number of Covid-19 cases to double figures, ” said Dr Noor Hisham, at a virtual press conference on Monday (Jan 25).


Currently, the MCO is being imposed in all states except Sarawak and will last until Feb 4.

KKM has hinted that MCO will not exceed 4 weeks. Upon completion of MCO, they will retreat back to CMCO for 3 months

Source : The Star

PUTRAJAYA: The Health Ministry has hinted that the current movement control order (MCO) will end, followed by three months of conditional MCO.

Health director-general Tan Sri Dr Noor Hisham Abdullah said the government is not keen to implement the MCO for a long period due to the livelihoods it could affect.

“We do not want to prolong the MCO.

“If we implement the MCO for four weeks until early February, and then followed by a conditional MCO for three months, we hope we can reduce the number of Covid-19 cases to double figures, ” said Dr Noor Hisham, at a virtual press conference on Monday (Jan 25).


Currently, the MCO is being imposed in all states except Sarawak and will last until Feb 4.

Glove demand will not drop just yet during the production period of vaccine. The number of pharma companies that will require gloves to produce the vaccine. They will have to ramp up production in order to cater to the world population. This isn't limited only to one pharma company, but the many out there that will eventually bottle/package the vaccine in their specific countries/region.

Also. At this point in time, before any vaccine is released, there is a twofold demand whereby, the cases are still rising hence requiring medical attention which will in turn require gloves in the hospitals, medical centers. This will continue in the meantime while productions will be running on the background. With this twofold effect, how can the demand reduce at this point.

Any form of vaccine production will take time. Hence the demand for gloves aren't going to die just because a vaccine is found. In fact, if anything is true, upon successful vaccine production, the vaccine recipients will need to be injected, hence the requirement for gloves again. If, my estimates are right, only at this stage will the demand for gloves slowly begin to dwindle.

These are facts and I hope it helps!

Glove demand will not drop just yet during the production period of vaccine. The number of pharma companies that will require gloves to produce the vaccine. They will have to ramp up production in order to cater to the world population. This isn't limited only to one pharma company, but the many out there that will eventually bottle/package the vaccine in their specific countries/region.

Also. At this point in time, before any vaccine is released, there is a twofold demand whereby, the cases are still rising hence requiring medical attention which will in turn require gloves in the hospitals, medical centers. This will continue in the meantime while productions will be running on the background. With this twofold effect, how can the demand reduce at this point.

Any form of vaccine production will take time. Hence the demand for gloves aren't going to die just because a vaccine is found. In fact, if anything is true, upon successful vaccine production, the vaccine recipients will need to be injected, hence the requirement for gloves again. If, my estimates are right, only at this stage will the demand for gloves slowly begin to dwindle.