@
jagdish1970 heard its positive...but lets wait and see...if so...big yahoo !!!

who told you

Pay attention to the dealings on the trade between the AGM start and finish. That will give you some clues if you are not there. If results are good, you will see the signs I think. Some buggers will be busy buying from the seats in the hall. Haha

@bone, let's hope so. Today is a good day.

Today's agm.. they may choose this day to announce so that they can answer questions. I am just speculating - if it is good results, giving it out today would let the directors brag a bit. If results not good, announcing it today, they can use the opportunity to explain but chances are they will be bombarded by shareholders like crazy. So, what do you think - good results or poor results?

DJI dipped on Friday, so tomorrow, there will be mixed signals. For those who know what they are doing, there will be less anxious moments. For those who dont, it will be watch-your-neighbour kind of situation. Although TA is promising, it is still a scary situation. But I think we will survive

If you take a look at four glove stocks - all except Topglov show bullish engulfing in various intensities. My take is: The big boys are playing TopGlove while the midstream swimmers are going for affordable stocks. Comparing prices of Carepls, HLT and Hartalega, HLT seems the cheapest. May I hazard a guess that monday will see more hitting HLT than there are today with hopefully a higher volume to support the rise

Congrats guys. Your wish is answered. Look at the white candle which is longer than the red candle yesterday. It is mildly bullish engulfing - the longer the better but in times like this, this is some hope. Monday, let's all wish that it will spark a new run up to 75 or 80 sen again. A lot of things can happen over the weekend, so let's watch DJI this evening. Today is good closing after almost two weeks of sea of red. But what the heck, treat the red as angpow and you wont worry so much.

Yes, and it crosses the 20MA mark. In all likelihood, it will be an engulfing bullish candle over yesterday and Monday will be exciting if it ends today over 0.46

https://www.theedgemarkets.com/article/cover-story-tech-firms-look-beyond-covid19-and-uschina-decoupling

This will give you a picture why this (among tech stocks) is promising

https://www.theedgemarkets.com/article/cover-story-tech-firms-look-beyond-covid19-and-uschina-decoupling

@
jiejiemeimei
When investing, dont ask for advice, Do own homework because you invest your own money.

https://www.tracking.my/analytics ,you can see which are the popular courier companies

@JT5774

Your prescription is very apt. Usually I raise my targets and cutloss even before going in. Once the numbers are punched in, I leave it to market forces to take care of my deals. Sometimes you catch it in time, cancel as the highs go higher and make more, sometimes you forget but the cutloss kicks in and save your back. That is how investing in uncertain times can be made less stressful.

@icepumpkin,
Precisely as what the article says. All gloves stocks are hit. For some, it is a pullback. For a few, the pullback went overboard - which is what I feel HLT is experiencing. If you consider the fundamentals of Carepls, Top Gloves, and HLT, the latter is more diversified in the gloves business - from supply of raw materials to the finished product (someone did indicate that they also produce gloves) and also the dipping business. The highest price of HLT was RM1.01 struck on June 2 - exactly 17 days from today. Today, the pullback was 35% to the hovering price of about RM0.65. Carepls hit 1.89 on about the same period and dropped to 1.24, a 65sen drop or 34% from its highest high. You can do similar calculations for the remaining ones. So, whoever has the cash, depending on their interest on which business, the market has virtually opened up within reach for them. Sometimes in times of panic and pain, we forgot about commonsense. Now, that is how we fail and some people benefit.

@midzurll19 I think a healthy discussion here should be encouraged..
agreed. dont wallow with hogs or you will get soiled in the process. Just ignore them and they die in solitary confinement. Self distance from such name-callers

@jagdish1970 today i heard plenty of my friends' remisiers say ..

Looks like your friends are right on the buy call.

I think sharing of latest findings like vaccine breakthroughs are good. It may trigger some purchases in other counters related or the discussion here could be beneficial. It is the racial baiting and profiling that are not.

can we have some decorum here. D-e-c-o-r-u-m. It means respect. Just because everyone is using a nickname you seriously think you are not trackable? Your IP number is already on the server. And some cookies have already been planted on your computer or handphone and if it is nasty. it would have registered itself. So be nice - if others offer advice, take it or leave it. There is no effing need to get racially inclined. If you bet on rumours and lose, dont blame the rumour monger for your laziness not to do your homework. This is the tenet of gentlemen investor. If ever someone lodges a complaint, the host of this site if the server is on Malaysian soil, he will have to comply with providing all the investigators with the names, times and IP address of all logging in. Be nasty at your own risk. Now, get back to investing.

Today I will see if it goes down further. Instinct tells me it might just make that much needed U-turn. and who knows?

@ooi8888- let's just say mine is more than yours and maybe even in numbers

look guys, if you look at all the gloves counters, the same red slide is similar - From Harta ro Carepls. I have just gone in - not much but to break even my earlier losses to a much bearable level should it rise and go back to the original uptrend. People may say that it is crazy, but let's see. You either win or you lose. If you stay focussed and detached from it, those are only numbers. What goes down will come up - and at its worst, it will come up. Looking around, the Covid cases have again reared their ugly heads - from Beijing to US. This global pandemic is not letting down yet - and even if it is, new living norms would put demand for gloves at a higher notch than before. Frankly, I feel that HLT is is a better shape to weather this storm - they are involved in the entire "supply chain" from rubber to gloves, and the dipping lines as well. So, my advice, dont panic if you didnt borrow to invest. If you invest, and invest for the long term, just wait out the storm. No storms last a hundred days

Let's see. If at all it blows, then it is fated and only money. I dont borrow to play so I am not at the mercy of time.

I just caught the falling knife to average out. I have a feeling this cannot be falling forever. Dont be mistaken - do not borrow to play. You will then be at the mercy of time. If you are playing your own money, this is as good a bargain as any. I believe this is an oversold situation where TA can be discounted for the moment.

Yes, definitely oversold. Stochastic at 30%. Take heart - what goes down will eventually come up in times like this.

If you have made 7 rounds already, only trapped by this one, just wait it out. it cant be down forever or up all the time. US is experiencing rise in Covid cases. India too probably will see high spikes. Despite world production increase, gloves are needed very day, Covid or not. And yes, Beijing has just imposed lockdown.

@learnbyheart Ninja etc got job from Gdex

where did you get this info? - thanks

@JT5774 Thanks for your explanation. Yes, that pivot point you mentioned is critical. Once it is hit, uptrend is almost certain. But in Fibonacci retracement, I think it is back in the trend albeit volume does not support the u-turn yet

@midzurll19, looks good as I think it is poising for a reversal. It is still above the 20MA support level, so it should still have enough momentum to push higher.. from the volume traded, I think (like you said) the long-legged doji is not a cause for concern. Some stocks show an indecision cross, some gravestone, some like you pointed out, this. It's the volatility of the US market that is causing all these disconcerting signs. If the results are out, the investors will know whether to go long or short and hence decide for once the real price of this counter. That's just my observation

@midzurll19 The doji pattern that formed ... i was pretty concerned too. That is an unmistakable gravestone. And even my Fabi charts shows that it is dangerously losing ground. Today, there is more stability. I am hoping the good results will come out - and if this happens, the momentum may be enough to take it past the RM1 mark previously hit. Remember, all other glove and glove related businesses have announced their results. So there wont be a rising tide raising all ships - just this one. If HLT results are in multiples, your joys will also be multiplied.

@PrinceofIpoh, so technically the price of mother share will not rise beyond 6sen today?

Turning point has happened. 0.43 support is strong. I think it's moving up again.

Check your stochastic indicator. It should tell you whether to sell or hold. I am holding.

Is JCY distributing vaccine? If not, what medical business could it be involved in?

Thank you bone. good luck. sorry for miscommunication. Was just trying to help. no ill intention. i dont even have a share in this mother HLT although i have a small sum in the kid which is also in similar situation. so, in parting, i wish you all the best.

@midzurll19 - thanks.. i have just posted you a message

Anyway, i am refraining from commenting further on this stock. Good luck to all. Appreciate discussion with midzrul19, JT5774. It's enlightening.

@bone:

I said this yesterday - "bearish engulfing. Tomorrow will be double trouble unless a miracle happens
15/06/2020 5:10 PM"

What i meant was at the time double trouble was because of DJI - if it is in the red again (which was what happened earlier) it would certainly affect our market. ie. double-trouble. The miracle happen part was a figure of speech.. which looks like today, DJI went up and we are all green. My apologies for the confusion

@midzurll19 Elliot waves is very accurate if you know how it works.. i dont and i have given up trying to learn.. plain laziness is at fault here

@midzurll19 @Masin I think the corrective wave is completed and next we're looking at the 1-3-5-3 wave so the only way it should go now is up, >> I think you could be right.. the fall over the past few days, especially yesterday, could be due foreign funds effect - a whole lot of other counters are affected. It should lessen today

@bone - i think you better start reading up on what bearish engulfing is. then you understand better. when prices drops, to those holding high it could spell trouble. but if they have deep pockets, why do they even care? when prices are low, to those not having a share, they might consider it is miracle because now they have means to buy. If they do buy, if the prices drops further, do you want to call it a miracle or a curse? This is commonsense, I think.

@icepumpkin please say something. i like to follow your analysis. thanks bro @bowman

Thank you. Dont follow me. If I fall into the drain, you may also. read up. There are so many books and videos. Spend time increasing your knowledge. You are using your money. Dont let others tell you how to spend. :)

@bone So to the chartist, today is miracle or double trouble?

It is subjective - depends whether you have much and want to hold or capable to hold, or to cutloss. And if you are a beginner, can you wait it out before going in or dare to go in without a care.

In stock trading, read not only the technicals but what are the fundamental reason you are buying. Getting a quick meal? A free meal is a myth.

Read up what the company you are investing in is doing. Without knowledge, you will be following the crowd which is also clueless

@midzurll19

I think i wont say a word... some people who are sensitive to losses may imply that you or I who wants to share may be "silently contributing to influencing emotions of newcomers" . Seriously, what's wrong if you ask people to be wary with their money? People should invest only on strong fundamentals. Otherwise, it is gambling.

But I am enlightened by your views Midzurl19, especially that by Nison. Prior to this, candlesticks was only a method for prediction use by rice traders. You might want to look to do a course in Fibonacci patterning. This is just as interesting as understahding the Kumo cloud.

@midzurll19 @bone Candlestick chart patterns do not give predictions with 100% accuracy. Sometimes a bear market may not necessarily follow a bearish engulfing, and likewise a bull market may not ensue after a bullish engulfing. Experience chartists (not me) know that failures happen, which is why they always wait for the confirmations

Midzurl, you are right. Yes, at best they only forecast. When the Japanese invented it, it was to predict seasonal rice demand for easier expectation of trading and to see whether farmers need to plant more for next season. It has since been used in stock trading because its symbols are easier to read than open/close-high/low ticks

@bone - In plain language, it means this: A bearish engulfing pattern is a technical chart pattern that signals lower prices to come. The pattern consists of an up (white or green) candlestick followed by a large down (black or red) candlestick that eclipses or "engulfs" the smaller up candle.

@bone @bowman i thought you said bearish engulfing? Your speech changes all the time, maybe should check your real intention

Did you not see the bearish candle engulfing the white candle on yesterday chart? That means it is selling more then buying. If you dont understand the terms, do not attack blindly.

Here, see what bearish engulfing means: https://www.google.com/search?q=bearish+engulfing&oq=bearish+engulfing&aqs=chrome..69i57j0l7.3646j0j4&sourceid=chrome&ie=UTF-8

bearish engulfing. Tomorrow will be double trouble unless a miracle happens

Two years ago, Systech, instead of giving dividends invested in blockchain technology. At the time, it was reported by the Sun that :" Systech Bhd, which has a healthy cash reserve of RM5.87 million as at June 30, said it has spent a fair bit of its "war chest" for researching and developing new solutions with technologies such as blockchain".. what is blockchain and how important it can be in the post-Covid years? Read the subsequent article.

https://www.supplychain247.com/article/the_critical_role_for_blockchain_in_the_post_covid_19_supply_chain/technology

Check your facts - gloves are needed, nitrile gloves are needed more than ever. When gloves are produced, new lines need introduction, old lines maintained. These are the fundamentals of the company called HLT. Has fundamentals change? Or has market sentiments changed? Is there still a rising trend or is it just a cooling off? No point trading in shares by blind loyalty or following.

Funny thing about this warrant - everyone knows that at 20sen premium, it is a bargain when compared to mother share prices almost always. Yet, people chase mother share. These coming weeks will see a more fairly distributed trading and if mother share is 78sen, the warrant should be 58sen thereabouts. As for whether this counter will rise or stay flatlined, check out which company will soon invest in new production lines and how this HLT can tap into this local outfit's needs.

For those still in battle, take heart to watch US and India. Also look at gloves companies adding new lines. HLT has never been in a more unique position to take both bulls by the horns in its unique positioning. Look into its business, and six months ahead and assess where it will head. Dont get too engrossed by small-talk. At the end of the day, it is your money that you will be losing or winning. Trying to get tips here and there will only increase your chances of relying on unsubstantiated claims and worse, rumours. Read up. Study the fundamentals and the technicals. This is how you win - not just rhetorics. So, watch the warrants today.