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2020-10-28 09:56 | Report Abuse
Sell down starts now ... Open high green and drop, same pattern of a downtrend we see in August.
2020-10-28 09:53 | Report Abuse
Something many people believe will come true. So sad to see company making so much profit and growth is being sell down like this.
But this is pretty common for the past few months, I think now political unstable and US election soon affecting global market sentiment low. Maybe just come back in November we will see a healthier uptrend.
2020-10-23 13:39 | Report Abuse
Wonder why people come to the forum to talk bad about the stock if they have no intention of buying... hmmmm...
I believe they just missed the train and they wanna buy low tickets, so using all these lame tactic to make people sell.
Covid wave, glove will go up in few months time horizon due to the profit support, anyone who thinks the other way round just sell your ticket, enjoy the wave.
2020-10-16 12:52 | Report Abuse
Careplus is among all the glove that has not been recovering much, the top 4 has almost recovered from the dip.
Judging from its high earnings and low PR, it still has the highest uproom among all counters up to RM4.5, then after QR result release should go up to RM6, at least.
Yes you can wait for it to drop, but most probably you wont see below RM4 again. Good luck all, happy investing.
2020-10-01 11:18 | Report Abuse
So far no signs of trend rebound, only small technical rebound where intraday traders and contra players rush in the pump up the price and sell.
Buy with care, if you can monitor the transactions, you will notice that when you buy high, you are actually helping those intraday traders to earn 2% gain.
2020-10-01 11:18 | Report Abuse
So far no signs of trend rebound, only small technical rebound where intraday traders and contra players rush in the pump up the price and sell.
Buy with care, if you can monitor the transactions, you will notice that when you buy high, you are actually helping those intraday traders to earn 2% gain.
2020-10-01 11:13 | Report Abuse
Foreign funds and institutional funds out yesterday and today. Now retailers supporting the share price.
I wonder how long it can hold.
2020-10-01 11:13 | Report Abuse
Foreign funds and institutional funds out yesterday and today. Now retailers supporting the share price.
I wonder how long it can hold.
2020-10-01 11:12 | Report Abuse
Foreign funds and institutional funds out yesterday and today. Now retailers supporting the share price.
I wonder how long it can hold.
2020-10-01 11:10 | Report Abuse
Foreign funds and institutional funds out yesterday and today. Now retailers supporting the share price.
I wonder how long it can hold.
2020-09-29 10:39 | Report Abuse
@River, oops is that what you experienced? Hahaaa just buy in now if you want, I don't mind. I'm just sharing observation.
We all know the consequences of catching falling knife.
Just be patience, come back tomorrow you will see even lower price, then you can decide if you wanna purchase or wait further drop. I never ask people to sell, I just say can queue low to trap contra traders for cheap tickets thats all.
2020-09-29 10:32 | Report Abuse
Did you all see the fake buy queue of 500k quantity at 3.12? I suspect is operator trying to manipulate the market. However, we have to reverse psychology, don't rush in to buy seeing that there are huge queue support, just wait for it to crash further then enter. Just my opinion.
2020-09-29 10:29 | Report Abuse
Situation like this, afternoon will usually have another round of massive selling. Those buy queue will disappear and queue at even lower. Be careful not to get trap. Observe then only buy.
2020-09-29 10:29 | Report Abuse
Situation like this, afternoon will usually have another round of massive selling. Those buy queue will disappear and queue at even lower. Be careful not to get trap. Observe then only buy.
2020-09-29 10:29 | Report Abuse
Situation like this, afternoon will usually have another round of massive selling. Those buy queue will disappear and queue at even lower. Be careful not to get trap. Observe then only buy.
2020-09-29 09:49 | Report Abuse
No, 3.10 was removed, check the transaction time and sales. There is operator with 500k ready to press the price.
2020-09-29 09:45 | Report Abuse
500k queue quantity sell at 3.10, obviously operator is ganna press down the price today. Just come back tomorrow and grab cheap tickets
2020-09-29 09:39 | Report Abuse
Don't catch falling knife yea, if you observe carefully, funds are moving out now. Wait until it finishes correction then go in.
This is a good counter to buy, but now people are throwing ticket, just queue at lower for discounts.
2020-09-29 09:36 | Report Abuse
Beware, this round downhill is initiated by IB and contra players are forced to sell due to the T+2, so be careful catching falling knife.
If you wanna buy cheap, avoid buying today, you will see tomorrow the price is even lower due to these contra sellers that has no holding power. Just my 2 cents.
2020-09-29 09:33 | Report Abuse
Just avoid buying today, you will see the contra players have no choice but to sell very very cheap, we can buy tomorrow or the next day.
2020-09-29 09:30 | Report Abuse
Not retailers, I believe many are contra players, they just buy in huge lots hoping it will go up. It's very common.
Just wait and force them to sell cheap then we collect cheap again.
2020-09-29 09:28 | Report Abuse
Critical red day, price will drop red a lot today, the share price has been rising green for multiple days now.
Prepare bullets and queue low, don't get trap catching falling knife.
2020-09-29 09:24 | Report Abuse
Critical red day again, prepare bullets and queue low. Don't catch dropping knife
2020-09-24 09:20 | Report Abuse
Wake up people, everyday there are people exiting the share at around RM8, the operator will pump to RM8, then many people exit. Be careful to catch people's throwing ticket
2020-09-24 09:18 | Report Abuse
Trap day, as usual, people get trap buying high :(
2020-09-23 14:32 | Report Abuse
@stockisnotfun, observe, be careful falling into trap now.
2020-09-23 14:29 | Report Abuse
If you read supermax historical chart, a sudden spike in stock will lead to correction, now together with political unstability ... bloodbath today
2020-09-23 14:27 | Report Abuse
Condolences to those who chase high and buy at 8.1 today, now I guess you have to either cut loss and reenter at lower price, or just hold and watch people buying cheaper tickers.
2020-09-23 14:16 | Report Abuse
It is kinda redundant to post TP by banks here.
Open your eyes, global market has been plunging lately everyday and now alongside with political unstability in malaysia?
Foreign funds will usually exit until stabilise then only enter. Good luck to everyone who still hoping this week will be green.
Don't forget TG share price has been mainly supported by boss Lim alone now, once he dry up his cash, market still downward pressure.
I'm not spreading negativity, just showing you all the truth.
Come back 2 months later if u wanna buy, it will be more stable by then.
2020-09-23 14:08 | Report Abuse
gg... foreign fund will out today, massive drop expected later.
2020-09-21 09:56 | Report Abuse
Just sharing my observation yea, if u don't like can ignore this.
This kinda price movement is mainly driven by some panic buy and panic sell retailers. And more importantly, tons of professional day trader with margin and contra.
So if you get excited for a small technical rebound, and enter the market when others already wanna cabut and take profit, needa be more cautious.
Anyway, as I always mentioned, only way to save this counter is waiting for institutional and foreign funds to enter, or else it will slowly drop.
So, do you think big funds entering today? I personally thinks not so soon, and need to wait until this counter drop 99 first then they enter, or global sentiment rebound signal. Just my opinion, feel free to comment and give in more inputs.
2020-09-21 09:38 | Report Abuse
Dont say uncle Beng never warn you about the market trend ahh, I observe trends mainly from stock price movement, technical analysis, global market trend, and msia market sentiment.
Steady steady, this is an expected big drop.
2020-09-21 09:31 | Report Abuse
Supermax taking the lead to drop more today ..... whats going on lol..
2020-09-21 09:28 | Report Abuse
@humongainz, yea, people take small profits nowadays because of uncertainties in market.
Have been watching closely the market everyday, got some shares stucked at 8.40. Even though I personally wants it to shoot up now, but maybe is not today, can sleep for 2 weeks then probably will hit back the price point.
2020-09-21 09:25 | Report Abuse
The drop never ends ... no buying pressure ...
2020-09-21 09:20 | Report Abuse
Haih ... seems like another profit taking day... these waves never ends it seems. Only hope now is for institutional funds and foreign fund to enter, or else retailers trading for small gains here only, not enough power to push price up. In fact, I think the longer the funds don't flows in, the higher chance that the glove will be on downtrend, because some retailers will get burned and leave the market, and thats how market slowly crashes.
Anyway, stay positive, life is more than just stock, don't do stupid things if anything happens in stock.
2020-09-21 09:14 | Report Abuse
Huat ahhhh buy buy buy buy buy buy!
Then drop 99...
2020-09-21 08:54 | Report Abuse
Trade with care yea everyone, global market sentiment is currently not as good, dow jones, nasdaq all red.
*not a buy/sell call, just hope everyone be safe.
2020-09-21 08:51 | Report Abuse
Everyday I see people shouting today will go up, I wonder how many of them are correct ...
From technical analysis, today will be likely trading sideways, or possibly slightly red, not much show unless foreign fund or big fund enters.
2020-09-18 09:53 | Report Abuse
@humongainz, thanks. These people are real toxic and unable to accept other people's view.. sad..
To clarify, I do believe TopGlove in long term, but for shorter horizon, it is healthy for the stock to rise slowly. If suddenly shot up too fast, it will face correction. I believe TG holder seen this a lot. So ride the wave carefully and if possible avoid chasing high at high prices.
2020-09-18 09:48 | Report Abuse
Wow ... this forum is real toxic ... I just shared my view, and someone created a fake account of me (beng73_ ), wow ... well, decision is in everyone's hand. These people are desperate to see topglove rise instantly. Good luck hoping for that.
2020-09-18 09:34 | Report Abuse
Yea I come out to warn people when there is market downtrend, huge IB throwing tickets and global market sentiment down. Did I do anything wrong? I didn't say any buy or sell call, just giving people rational facts.
You can continue to shout huat huat or up up up, but do look at the chart and price movement yourself. I don't mean any offensive, I just observe and share my views. Thank you.
2020-09-18 09:28 | Report Abuse
Looking at price movement and chart, I really feel bad for the people who buy in now in downtrend. Catching falling knife, take care.
2020-09-18 09:22 | Report Abuse
I wonder who is still energetic to buy Top Glove at RM 8+ at this sentiment? Better faster take profit and cash out
2020-09-18 09:22 | Report Abuse
Selling to take profit is good, or else you will get trap
2020-09-18 09:10 | Report Abuse
Lets gooooo, buy buy buy, kena trap trap trap, then cry cry cry at the end of day...
Stock: [SUPERMX]: SUPERMAX CORPORATION BHD
2020-10-28 10:12 | Report Abuse
Will come back after US election to collect shares, good luck to all holders. Now green or red doesn't matter, but best to hold cash and wait for opportunity. See you all, happy investing.