i dun think that will happen..it might happen to those red areas, but other areas shouldn't have any problem to run their business..its not like gomen will strict logistic movement..only casual non-business state-border-crossing movement will be strict

well, until now no series of big volume reenter ruberex after PM announcement..all small2 player only

well..darurat only on federal administration

PM already reassured that business continue as usual, only federal administration will have a change..no political moves, no election, other than that, nothing much change

let see how market will react

@SiLiaw i think more of a roller coaster..but this is only my personal opinion

targetted MCO, not full lockdown

in my opinion, i think market is not excited on the rumours of targeted MCO..we had a superb super bull previously because of full lockdown..the bullrun loosing steam once the full lockdown relaxed to targeted MCO

we need a full lockdown to excite the glove sector once again

well, i guess accumulation period might continue

today no big drop like other non-glove-related counters, just a small doji, i guess maybe everyone is waiting for the company's update on glove venture confirmation

powerful breakout but still have to be careful..price throw can happen anytime..glove sector are too sensitive to any big move from market makers

someone call back KYY to come & goreng this counter

crazy buy in all hc related sector..gloves leads the way (except to those not yet produce glove counters), followed by PPE..LKL also got buy

congrats all those who reenter at 1.4 area! cheers!

but becareful..set your trailing stop as its still too early to say that the theme is back..heavy price throw can come anytime

due to rubberex recent series of shares buy back, not so significance volume per-transaction but quite consistent volume range on each transaction, i have a strong guess that accumulation period is kicking in

quite interesting today that Mercator have a strong buy to breakout downtrendline..will it sustain? will glove counters in bursa follow through? will se tomorrow

good rebound..it confirmed the accumulation support area at 1.3-1.4 price point..nice one..expect a roller coaster ride for quite some time after this

@kd88 u want to donate to SC RM10 million, do u? remember new guideline just been updated today..any buy/sell call if caught by SC will be fined RM10 million

all i can say is that currently, this RM1.30-RMR1.40 region is the lowest of the lowest..im sceptical if the price can go down way further under than this..this is the real bottom

those who rugi besar because they enter at the vey late stages..some even enter at the most peak without any knowledge on TA & some have knowledge but they were too hopeful & took a very big risk on their portfolio

finally, RM1.40 region as expected..well, if someone want to play some technical rebound profit, then this region is the best bet..just that i don't think there will be a strong trend reversal after the rebound for a time being..i bet this week will be a starting point of accumulation period..how long will it be? i don't know

@stockraider INSAS if it break RM0.925 then we talk..if not then we'll just sit back & watch it going back to down trend

i hope there are those who took my advice before that u need to exit when the price drop below RM1.70 as it will be an indicator that it is a fake BO..now the best price to wait for another reversal signal is between RM1.30 & RM1.40 region..but i think this time around better wait for the price to perform HH & HL 1st to make sure that their BO is not fake

its still closing within 1.70 which for me is pretty good retracement..hold tight OK..just set ur exit within 1.60 region if things going south

most countries in the world practicing using glove all the time during vaccine jab regardless any kind of vaccine jab

this counter is super undervalued..but please don't ever think the uptrend will be like before..imo, this counter is a very good investment counter, not a goreng counter anymore

learn from the chart on 18/8 & 11/9..for ruberex, reversal trend is a confirmed if retrace afterwards didn't even go below 1/2 from the last marubozu..if the price maintain at that level, reversal possibility to uptrend is, HUGE..but if the retracement went down under until closing the whole last marubozu (for this time below 1.70 will be a good trigger in my personal opinion), then surely the breakout is fake & another selling pressure is imminent pointing maybe towards ~RM1.40 area

@Pandu1 nope..if today's BO is proven fake next day onward, the best bet to reenter is at 1.40 area, because the price might receiving more selling pressure, but let just hope that im wrong & the price repeated the same history they did before

well, that's a satisfactory volume..i guess the possibility for reversal is there..but then, have guts to hold the price if profit taking happened 2-3 days onward..exit only if the price closing way below RM1.70..if price dropping below RM1.70 it'll shows the trend reversal is weak if it not happen at all

volume small..all glove counters also like that..might be just a technical rebound..i might be wrong but let see about it tomorrow

@Pandu1 i know..im talking about the sentiment..sentiment always illogical..strong sentiment always winning over logical sense for some period of time before logical sense make a comeback again..let see if today is the day logical sense truly starting to make a comeback

rebound but very small volume..careful guys..all i can say right now is that this is just a technical rebound..vaccine news sentiment is still not over yet..i anticipate the price to be around 1.40 region before the real strong reversal to move in

if anyone want to reenter, just set your stop loss around 1.65 region..if its a true strong reversal, it wont even drop to 1.70, then u can enjoice, but if next day onward price closing around 1.65, just get out, it means another round of selling pressure is imminent

technical rebound..why are guys so rejoice? its too early..chill

for good growth company, every downtrend will have a reversal..all glove counters right now are facing forced downtrend due to strong vaccine & market opening sentiment..& the sentiment is still there..more vaccine news to come..i think glove counters will being keep pressing down until end of this year

once all the vaccine news hype is over, once we have a confirmed vaccination in process, i anticipate glove counters will make a comeback..

why? because good growth stock never stay low for a long time

our strategy right now? stop the thematic trading mindset for glove counters..the super bull has long gone way behind us, just accept it with open heart & move on..start the growth investing strategy..choose good fundamental glove stocks with high output with a confirmed production expansion..the big 4s, careplus, comfort & rubberex; for me, this is the only growth glove stocks worth to invest..can start discard other small micro-players let alone overhyped-soon-to-be-producing-glove stocks

due to vaccine sentiment, all good fundamental glove stocks right now is grossly undervalued, that's all i can say

happy investing guys

for good growth company, every downtrend will have a reversal..all glove counters right now are facing forced downtrend due to strong vaccine & market opening sentiment..& the sentiment is still there..more vaccine news to come..i think glove counters will being keep pressing down until end of this year

once all the vaccine news hype is over, once we have a confirmed vaccination in process, i anticicpate glove counters will make a comeback..

why? because good growth stock never stay low for a long time

our strategy right now? stop the thematic trading mindset for glove counters..the super bull has long gone way behind us, just accept it with open heart & move on..start the growth investing strategy..choose good fundamental glove stocks with high output with a confirmed production expansion..the big 4s, careplus, comfort & rubberex; for me, this is the only growth glove stocks worth to invest..can start discard other small micro-players let alone overhyped-soon-to-be-producing-glove stocks

due to vaccine sentiment, all good fundamental glove stocks right now is grossly undervalued, that's all i can say

happy investing guys

@jlex11 they love to count the chicken even before any egg being produce..so many projection calculation being done when we don't even know what will be the actual volume AT successfully produce vs projection, we don't evenn know any hiccup during the production period, & we don't even know the management background for the glove factory..so many uncertainty

AT is the one & only so-called glove counter who have fan club, the ATIAN Club..if that is not already one of the BIG Red Flag to u guys, i don't know what is..just ask this question, did Top Glove, Supermax, even Rubberex have any fan club? why AT need a fan club? it resemble how online scam mlm scheme works..think about it

its already 4.00 pm..all other well-established glove players already moving up today..what happen to AT? where is that sentiment play?

@TokioDeals learn from their blunder on "Disinfectant Chambers" bruhaha in April..until they can confirm booking volume & at what price during that time of booking, don't start count the money yet..have pity to those who enter at the peak..u guys also responsible for it

@TokioDeals AT shares going to be 4bn? dude, don't ever count an egg that's not being lay yet..don't ever count a profit that's not a confirm yet..for this case, don't ever count company's performance if company still didn't have a confirm booking volume of their glove yet

to those who can read in BM, lets learn what is pump & dump scheme;

https://twitter.com/zzulfikli/status/1329197327987351557?s=21&fbcl...

i do believe in future AT have the possibility to rise back due to their nature of business in tech, but that can only happen once covid-19 already over & global business start kicking as usual..that means it will be 1-2 years from now before they can bare any fruit..until that, those who stucked at the peak will suffer losses for a quite period of time before they can recover (IF AT can improve their core business earnings, which i doubt it from their history..check their historic chart will ya..history never lie)

@Hawkeye2 no, demand will not increase, its just that the demand is maintained, & it will only benefit those well-established glove manufacturers..remember that all already established glove manufacturer also has expansion plan in progress & their expansion plan is far bigger than AT 1st plan of production..at best AT can only cater domestic spill-over demand rather than capturing some global footprint unlike those blue chip glove manufacturers

all i can say is that its already too late for AT to compete with the big boys..& its a OK for AT because glove is just their diversity strategy to counter losses in their other core business, & glove is not AT core business & they never intended it to be one..AT's plan for glove venture is good for AT owners but not for those traders who enter at peak

don't u guys ever learn from 2009 H1N1 outbreak? current situation for gloves will never benefit those who choose counter like AT that decided to jump into the glove bandwagon for the sake of compensating their core business losses..this glove venture is NOT their main objective, focus & foundation, unlike the genuine blue chip glove counters..the price will go down for the whole glove & glove related counters, especially after vaccine starting to become available, but the blue chip one will maintain to give benefit to their long-term investor, but for the counter who just making glove venture for the sake of joining the bandwagon, they will suffer the worst, most of them will ditch the business & sell it to 3rd party once their core business starting to profit again or once they see other opportunity

for those who enter at the peak, u still have time..at least once the price rebound, accept your fate, cut your losses & exit

anyway..talk whatever you guys want..just be prepared for another round of panic selling tomorrow morning due to current vaccine news..it might be also another gap down..while stochastic indicator for blue chip glove counters shows a very low oversold area, AT on the other is still in the middle..meaning that there are still room for AT to go downwards even more

vaccine news+KYY bad news catalyst = double whammy for AT

u guys shud sell AT shares during 16/11..the huge red candle with huge volume already signaling a massive selling activity will most probably happening the next day onwards..& it did

well, even though the other blue chip glove counters (topglove, supermax, kossan, harta, comfort, careplus, rubberex) also having a selling pressure, those invested in it can always switch their mode into long term investment because those counters in already making money selling nitrile gloves with all of them already confirmed fully booking product with current capacity at least until end of next year..meaning that at worst they still can raise up according to their earning although much slower than previous super bull, they still making money, they still can continue giving dividend & bonus issue to their investors..the gain is still there for a long term

this counter on the other hand, i don't know what do u guys thought to have faith in it other than got conned by KYY for short term big profit

welp..i guess another round of selling pressure..then there's other vaccine news coming..glove counter obviously under investment mode rather than capital gain short trading

getting strong RM2.00 resistant today..not sure what will happen tomorrow

guys..please..its a gap down..its a deep freaking gap down! its a serious indicator that this counter will go down the hill..it might showing a temporary rebound but thats only it..the moment penny stock fever is over, so does this counter

i see a strong support at RM2.00 currently..will it bounce back after this? lets wait

Topglove, SuperMax, Kossan, Harta, Comfort, Careplus, Ruberex, all these is a proven record real deal profit-making glove counters with real deal future plan..u bought any of these counters is a OK, & will give you a handsome reward for the long run..talk any bad things about Top Glove as u like, but Top Glove has produced a many millionaire investors who started investing in Top Glove 19 years ago with only RM10k & some even lower than that.focus only counter that give u a real deal

the only counter u guys need to be careful right now & afterwards are those 'kompang kuat' yet to run a factory penny glove counter, even AT, let alone Mah Sing

KYY bruhaha about AT because he want to sell his AT share..either his attempt trying to help AT lifted up by fishing for big funders have failed, or he did it purposely to lure in kaki goreng so that he can have extra bucks with his friends

but i really didn't expect he dare to did this..that's quite dissappointing for a good figure like him

but anyway, im not in AT after all..gudbye to all those who just recently chasing this counter & stucked at peak

KYY bruhaha about AT because he want to sell his AT share..either his attempt trying to help AT lifted by fishing for big funder have failed, or he did it purposely to lure in kaki goreng so that he can have extra bucks with his friends

but i really didn't expect he have dare to did this..that's quite dissappointing for a good figure like him

but anyway, im not in AT after all..gudbye to all those who just recently chasing this counter & stucked at peak

@samsungtrader he also kaki goreng..the moment glove make a comeback, just like any other troll, he also will silence

but still, its a very good hammer candle with volume..shud be a good news tomorrow but dont put your hope too much for bull run..more vaccine news afterwards..can't deney the fact that market keep on reacting to vaccine news & the intensity of the reaction keep increasing..thats why glove sector being forced to a selling mode..imo, until FDA approve some vaccine, we might not going to see glove bullrun for a time being

chill guys..its most probably technical rebound..it is still a long journey before another bull run for established glove counters..more vaccine news to come before market comeback their sanity..this week everything is about penny stock, everyone is mad about penny stock