Then you should buy PA now, ie 0.12, and convert +0.20 = 0.32. You still make 0.04 on market price at 0.36

How can courier business be bad in a time like this? Did you see how poslaju is advertising for riders?

jimmyho, read this: https://academy.shareinvestor.com.my/2018/06/13/warrants-in-stock-market/
Will help you understand better what is a Put Warrant and Call Warrant

Charts are good - MACD, and Stochastics look very good with so much room for inprovement till peak. The show is just starting to gain momentum. Hold on and have a good ride, folks. your choice has been right.

Dont get too caught up in past highs. Go easy and watch the momentum. use two or three indicators to warn you before any trade. Past trend is only reliable to watch the retracement direction - not a sign to go in blindly. I would look at Stochastic and MACD, in addition to a Fabi

Let's see today. If it can break 0.38 and touch 0.40, it would have retraced all the way back to its previous high (Nov 4) of 0.40 after a major downward trend. The possibility of this going to 0.47 in the near term is good, what with the hedge fund's involvement.

Just one of those selling sprees. Volume not threatening. Support at good level. If drops to 0.26, likely the directors will buy back and make more later

GDex has been trading above its 20day MA. Just broke the resistance 0.23 with above average trading volume. Another breakout should be coming again soon. If it breaks 0.27 today, its next stop is 0.29 or even 0.30

If it continues to slide, a reasonable place to wait to pick up is 0.45 region

Today's volume till now is too small to be of significance. Dont let it fool you if you have holding power. Minnows are being eliminated.

From the looks of the opening, it may will hit its Nov 4 high of 0.40 (62mil shares traded) at full retracement and move towards 0.42.

@ terrchung - agreed. The suppliers of equipment will make money from factories longer than the best among them. During the oil price boom, Deleum made more than Hibiscus in the long run with the latter being more volatile.

Looks like it's happening although it didnt hit 0.36 yet. Maybe tomorrow. Today's volume is the highest this year. Saw some big buys on 0.32. Let's see what tomorrow brings. Signs are good.

@EZMONEY13 You too serious lah air01557. relax

so, i see. congrats then. Wise decision.

If you are so confident to sell, drop it in the market

Nobody told me anything. All I have is the information I dig up. And i tell you, it is good.

We seem to forget that China is recovering and factory productions are reaching almost max. These are our competitors. KYY has made some bad calls too if you follow his blog. The way out is to look into the fundamentals of this counter and pitch it against buying frenzy. if it is logical to go in, go ahead. If not, take profit and then go in again and protect capital first.

Look at March 31 trend and compare with today. I would be very very cautious. It may correct to 0.45 or 0.42 lowest, and the fly again past 0.60. Yesterday too many were buying right from start - and would have made 15-20%. If they take profit for a few hours effort, the slide may be fast and furious.

++ persie - how did XDL fit into all their scheme of things? Sorry, I am late into this counter

Okay, it's expected today. Will most likely breach 0.36 and if my estimate is right, 0.41. Dont be greedy - check all info you can find. There is a reason why a foreign boutique hedge fund is interested in this stock. As a boutique hedge fund, you dont simply make decisions unless you know something your competitors didnt see.

Their business is in dip lines - glove making is small part of its business. main interest lies in its RTK for Covid19. If expect goreng, then this may be a difficult to estimate counter - just like Carepls

Over bought aleady. Look at the Bollinger band. I would be very suspicious to go in

They may some more selling tomorrow until it hits 0.26 and then corrects to higher highs

Tomorrow will be interesting. Stochastic cross over is evident. Fabionacci extension will happen. As you see, the same who sold bought back at higher price. Carepls is overbought. Guess where people will be heading?

The stock has bounced off the 61.8% Fabionacci line already. The next stop is 0.36 and may go up to 0.41 if strong stimulus. Just relax and wait. It has consolidated enough and waiting to bounce up

dont kancheong - small volume only. those cannot stand losing are selling.

Just sold and out of here. A little dangerous point to be buying now

still undecided to go up or down. bears stopped by bullls at 9.30

@mf, now that they dispose for quick bucks, not strange - that is why people list their stocks online. For public control. They made quite some cash - but not so much as it dilutes their interest. So, leave it to market forces to push. This is when buyouts will come if they have good assets

@RoboTop Tomorrow will start going down bcoz stochastics show overbought situation and candlestick shows doji already formed at the top.
29/04/2020 11:50 PM

Stochastic alone not confirmatory. You need other influences to make a firm decision

Right now question looms over why the directors are selling - to me it's pure cashing in. Nothing else. They are substantial share holders. throwing away to make RM5 to 7mil is logical. Afterall they bought in much lower than 0.18

I am looking at 0.36 and above but the momentum at this stage is still very low

Fabionacci ? rarely.

Yes, it bounced off the 61.8% Fabionacci line as expected. Next stop, retracing back to 0.36. Considering the consolidation of the past two days between 0.29 and 0.31, it may even break the 0.36 mark to settle at 0.41.

Just a wild shot - it should steer past 0.32. Immediate TP 0.36.

Just got the 28.5, thanks for the panic.

If you are panicking, this may give you an insight into its business - https://www.thestar.com.my/business/2020/03/14/hlt-global-bets-on-new-technology
Is it an entirely glove production company? Or can the company quickly switch to its dipping line technology that has been patented worldwide to gain profitability? The pandemic may be ending but one should also foresee new demands for gloves other than in medical use - ie food preparation, services sector, and the likes. Demand from the medical may consolidate but as doors open for business, will it not drive new demands? And if you have glove companies competing worldwide, doesnt companies like this one, that provided technology that can increase production, or even maintain the lines, will benefit most? Maybe someone can reason this out?

Watch it drop - once touches 35...

Spot on WellingtonSky. That iswhy I say watch the charts - three charts cant be wrong. It will breach 0.32 and when it does, who know what the limit is. Maybe next resistance is 0.45, maybe more

Chartwise - RSI is at 70%, Stochastic is in the positive, and next resistance level is 0.32. The signs are all there

@spielmacher below 35 sen could be considered as very cheap.
29/04/2020 9:36 AM

Thank you, all bought.

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For those who know how to trade Fabionacci extension.. do a chart and see. I think it has potential to go higher

@Ravi Kumar Careplus almost green, Comfort same. Soon HLT!!!!!

HLT is nerarer to target and should be better bet than Carepls.

@Ravi Kumar This retracement was a good opportunity to buy :)

you are right but it didnt remain at 29.5 long before it is snapped up. Way I see it, the drop didnt fall below 0.26, so this is a sign of its momentum. If it did break the floor of 0.26, then we have reasons to really worry. Now I am waiting to see if it breaks yesterday's closing or equal that. Then we can look forward to some encouraging news. I am still targetting it to touch 0.42 this week.

Strong support at 0.32 - Look at the stochastic chart. I think this is a good pullback. Wont last long to go for another breaking of limits. This is not a counter for day runs. Long hauliers will benefit most

yes @ pang72. Thx for the tipoff. Today's volume is highest. Next 24 hours will be spent reading up its fundamentals and looking at the charts. Going is quite strong and I think next level of breach will be 0.42 resistance level - one sen above the warrant level.

Looks like one or two big buyers walloping at 0.34 and 0.345 - very smart.

Big buying up at 0.33 and 0.34 - someone collecting for 0.40.

RSI only touching 80%. It has not shown potential yet at 86%. Methinks it can go higher at least 0.42. This is backed by the good news last week on April 21 (Apr 22 - price: 0.28) and today, it is only 8sen higher this morning when it touched 0.36

https://www.theedgemarkets.com/article/hlt-distribute-covid19-rapid-test-kits-worldwide
This is what will be the future business next 12 months post covid 19. Countries will need rapid test kits that will acurrately tell you whether or not you are infected as mass testing comes as required. looks like this company has one foot in the glove making support and another in rapid testing. Thank you who ever recommended it.