@JohnnyBravo69 The real congrats or the sarcastic one XD

@kalim288 Maybe find some chance to average down your price if your price is really high like penthouse.

As for tp, lets not get ahead of ourselves. The resistance of 0.31 and 0.39 (especially this resistance) is very strong as of now. Let's see whether it can first break RM0.5(4 years resistance) first before we start looking into RM1-5.

The support line will be 0.24 as of now. Hope that it can fly on Monday.

@kalim288 np, let's huat together if the news is something legit, stay skeptical on all source of news and be optimistic at the same time while waiting.

@kalim288 That I don't know, a lot of people in KLSE Screener are talking about it, says that at least wait till 10 sept before decide cut loss. You can go check yourself.

You should be well prepared for the SIS news already, it has been announced on 21 August 2020 to do 571m of SIS @Rm0.2. With this calculation, there are 165m to go. They will keep on do until this 165m had been done.

TA wise it looks great today, with a half confirmed bullish engulfing (haven't close market) candlestick pattern and rebound from 0.22. Resistance seems to be at 0.24/0.245. But even close 0.24/0.245 it looks good. HH,HL also currently otw to forming.

Once again, whether they want goreng it up ke or fake scene to push it down ke we ikan bills will never know. They are the one that draw the graph. At least I decided to wait till 10 Sept based on the rumour in KLSE screener. Then I will decide whether to cut loss or gain profit based on what I have.

@Dawson0610 actually the company already announced that they want to do 571m of SIS @ RM0.2 on 21 August 2020. They just slowly realised what they had announced.

Someone in KLSE Screener is sharing that might have some news on 10th Sept (not me, you can check yourself). Looks bad as of now but continue observe.

TA wise looks like 0.22 is the current support as of now. Final support will be seen at 0.2 (same price as SIS). If 0.2 also break very hard to see rebound from TA perspective.

Today prob close 0.285-0.29

5 MOU lol...

I want to guess using my newbie luck, today close 0.25-0.255

Just as I said, the volume disappear again.

@pejuang79 Cuz it is one part of the fundamental analysis what. But you are right that we shouldn't judge only based on QR results. Qr indeed looks bad, but doesn't mean that other part of fundamental is not good. Good rumour like ant finance and China telcom is there. Purchase of m3 by XOX(HK) also realised some of the rumour spreading around. TA also seems nice since last friday.

Like cksam said, we better be ready for whatever the shake is coming. It might be Hongkies that are playing the stock and u cant deny that they are way better than us.

As of now, I am happy it rise but still maintain a sceptical mind about it. Continue to monitor daily as of now.

Pressure point around 0.26-0.265 (current resistance). Stay sceptical, but can happy first, at least break 0.23-0.24 (previous resistance) even with bad QR, something is brewing.

Lmao WangChoi, go check my comments then, see if I ever gave any buy/sell call advice. I mean, feel nice to be called as insider tho, given that I only started this for like 1 month.

@Agjl true, maybe I should stop looking comment at here from now on.

Love how 10 second before people are promoting it and about 10 second after they start cursing it. Do people really invest/gamble like that nowadays? It is so god damn funny to watch. I am a newbie in the market and even then I know that's not the right way to play stock market.

Just do your own analysis. This kevin guy was saying xox is a completely diff, gonna be the next digi, impossible to be the next inix 0094, WETEK got Daniel inside also (which, can be debunked by simply google it). Next thing u know, he is start to telling us to pull out. Same goes to this WangChoi that keep spam comment and now also telling us to pull off.

Do your analysis, and not regret of your action. If mistakes really happen, figure out why and improvise before move on. Stay calm when do any decision making. This is not only for people who gamble/invest here, but also for me.

@gloveFrenzy I mean for investors if the future fundamental is there, it is a buy. Judging your name, isn't that the same to HLT, Careplus, Comfort? They were 10-20 cent stocks. Even apple were 30 cents before; tesla were 19 usd before jump to 1880 usd. Are they normal phenomena? That will be judge by ourselves. From the look of it we are just going around the musical chair and wait for the music to stop suddenly, prob around Dec 2020 if we were lucky. The only 2 glove companies that have strong fundamental from my POV are Topglove and Supermx and even then they are gonna get a massive hit when the music stop.

Besides, traders don't care. If they can earn money, they trade it.

One thing you are correct about it is that it is gamble. A gamble of whether this company can totally change to become big and I am willing to bet on it. If shit happen just turn mindset, become traders and sell it anyways. Don't all in, keep some cash, monitor the chart and news of the company.

@Collin64 it is technical analysis(TA), candlestick pattern. Google those and compare it to xox daily chart. Do remind it is not 100% win rate analysis. You win some you lose some with this analysis, but it helps you to judge for short term traders.

Great closing. Hammer + inverted hammer is very nice. Although it does need a confirmation of a bullish candle. If the candle is gap up bullish candle more nice.

Stay sceptical traders. Set your trailing cut loss point.

As of value investors POV, it seems they start improving the quality of their posts?.... Not too sure about it.

@kenny888 there is fake Q. The Q can disappear while not been recorded in the volume. Maybe next time you should monitor about it.

Maybe we should use the guy GpacketInsider as a fundamental like TSH. Buy call = sell, Sell call = buy hahahahhahahah

The people who play this stock is so freaking good, even my TA doesn't works ahahhaha. Was expecting challenge the lower ground of 0.5 support line after the false breakout but instead it actually climb back up. That's like around 20% probability if I not mistaken.

Fundamental wise is pretty good minus the perempuan part. Although I am not a fan of 10cent, can't deny how successful they are in China. I will say I agree with signn. Will need time to see profit. Probably buy when it dip.

@signn bro calm down. Of course own investment/gamble, own responsibility. Merely just discussing this.

Worst stock of the day goes to GPacket hahahaha

It's crazy that even with ten sen still can lao sai like this. I guess this guy will remain who he is. Sad tho, could be a good investment.

Standing at value investor point of view, there are a few thing I see.

1) XOX directors are doing absolutely nothing. No buying or selling at all. So what makes the share price goes down?
2) XOX Malaysia actually keep posting some of the weirdest thing I ever seen as a telecommunication provider, such as "How to check your tayar" and "How to boiled an egg to the level you want". Even Umobile I didn't see post something like this. If they really want to reform the company, I hope they can do something to the page.
3) But I did see some booth and advertisement for XOX. At least that's something good.
4) Do afraid it could be another Inix 0094.

Standing at trader point of view,
Basically it still holds 0.24 support line after rebounce from the 0.2 support line. Tomorrow we will know what kind of magic they are brewing. Besides, paktua is here. He wouldn't want to lose would he XD. Jsttmy is a promoter I seen so much in klse screener and usually the news is quite solid, although sometimes delay.

Anyways, we ikan bills will never know la. Just relax and wait tomorrow see how it is.

Not sure it was correct or not. But as of now double top pattern is not complete but almost complete. It needs a confirmation with a red stick which breaks the support line of 0.24.

It was first charge all the way up to 0.315, and goes back down, forming the first top with massive vol. After that, it drops back to 0.245 before climbing back up to challenge 0.315 with lesser vol, and fail again, forming the second top before drop to 0.24. Which fulfill the some of the criteria of double top pattern.

My question is, how reliable is double top? Or even, how reliable is candlestick pattern? Based on the closing at 14/8 you can even say it is bullish doji star. This M-formed pattern can easily followed by W-recovery. All will rely upon the confirmation of the next stick.

And as of news, we don't have to second guess. The graph will move before news. You will know by then. Do correct me if I am wrong tho.

i also abit regret, but who knows, might go in again next week

@cksam quite a good show tbh. Small money to learn how hk players play stock market. Not bad at all.

cksam, pang and paktua. This counter has become more interesting as time pass by. Let's see what is the magic brewing.

Wow even director keep dump shares still can fly, something I can learn from here. Anyways congrats to the holder, but still need to monitor the counter movement

Why people try to complexify this?

If you trust xox future prespective, then buy. If not then sell. Simple as that.

I am sure careplus also have these kind of comment before they fly to today's price. Elsoft, Apple, Netflix are all example. They all fly from low price to the price they are today. Just think about this yourself.

1) Is 5g a trend for before, right now, or future?
2) Does XOX receive the support it needs to compete the 5g tenders if offered?
3) What is the current news that is related to XOX, good or bad?

When you can answer all these without any so call "sifu" tips, you can do sound decision without being emotional.

@Agjl I agree ahhaha, if anything it will be like biohldg.

I decide to go long term anyways, China Mobile - Daniel from HK - purchase M3 that specialise in software - 5g tenders, seems all match for me. And I realise buy on rumours sell on news kinda only works in short term. Apple is one of the example.

I actually think that qwerting1 is the more sound person here.

Most person don't really go for long term anyways. An example is topglove. Yeah you might buy at RM5 but will you hold until RM25? Most people would just sell at Rm12,10 or even 7.

Is merely speculation in the market, and some goes for long term, some goes for short term. Either way also earns money so why it matters?

Most importantly, your money, your investment, your responsibility. Shouldn't be anyone's responsibility.

I like how the way it is going, legit so close I cut loss at 0.155. Lucky I didnt huhu.

It might even be a sound investment now. Gonna monitor more xox news from now on.

@Agjl Yeap that I understand, especially penny stocks. Thanks for the advice.

@vipervenom I understand the term of "buy at rumour, sell at news" theory. As in this case I think it is still classified as rumour. XOX chief merely said got China big telecom company interested, but this deal is actually still discussing phrase for them. So my decision. If China side got people verify this could be blooming. But I could be easily wrong and lose some money there. That will be fine by me. I am ready to learn from my mistake if that happens.

Most importantly, decision is made by me, thus responsibility is by me too. I think that's quite important in investing.

In at 0.185, the financial report in Mac 2020 where they get increase net change in cash of 800%++ really make no sense. With this news it makes much more sense. (hope got sifu can explain ahha)

Still being skeptical about it tho. It could still be goreng stock. China side need to have news to support this claim. When that in it will probably hit high. Worse case I am ready to cut cost and learn from my mistake and move on.

If the goreng continue of course more btr la hahahha, prob sell around 0.25-0.3 unless big news comes in. Small profit, but at least no loss. No loss = win