Game over for now, come back later. Expect it to drop to RM2.72 or further down to RM2.31 before rocketing back up. Now may not be the best time to top up.

Hello RM24!

@jiunn Hi friend. What's your starting point for the Wave 1 in this cycle?

Oi rugirugi88, tak penat ke bodoh?

@jjpang72 I meant a Malaysian trading account. Can you access it if you go to the PRC? I understand that the PRC government blocks a lot of websites, but I'm not sure if the Malaysian trading platforms are among them.

@jjpang72 Sorry for this irrelevant question, do you get to access your trading account in the PRC? If anyone else can answer that, that would be great. Thanks.

Superman leading the way for the Big 4. Yeehaaa!

I'm just going to repost Aramco's comment here since it's nowhere to be found:

ATTENTION : To all Supermax Share Holders
Its seem that TeamRocket n rr88 already behave like a mad/crazy Dog
We should collaborate not to respond TeamRocket n rr88 comments
Just ignore and dont respond his comment
Treat his existence invisible or non existence at all

TeamRocket n rr88 already bankrupt of idea/money n become mad dog barking non stop

This baby seems to have completed its correction and it should rocket at any time soon. I'm going to stand by some cash to load up on PDZ.

For the first time in my life, I have to agree with rr88 although he has been an annoying dickhead all this time. Carepls has gone up so much and it's only reasonable if it stops for a while to take a breather. That said, I won't be surprised if it recovers again and is saved by the unrelenting bulls who have been so vicious in the past few trading days.

Big sharks taking profit already. I assume it's their computer algorithm. I believe it's consolidation period now and I shall now find a better entry point. Good luck, guys!

@invest200 Thanks pal. It's quite contrary to what I read here though. Oh well, I guess this is the context for KLSE, in which case Bonus Issue = Stock Split.

https://www.investopedia.com/terms/b/bonusissue.asp

Hi guys. Can anyone explain how this Bonus Issue thing works? Is it the same as Stock Split?

@AnnH Thanks. Sure I will. Happy holiday to you too.

Actually no. Out already. I'm going to my aunt's and grandma's in Kedah tonight, and Saturday morning to Langkawi. Woohooooo!

If consolidation starts today, then supports shall be S1=RM1.20 (0.382), S2=RM1.12 (0.500) and S3=RM1.02 (0.618). Have fun trading, my friends! And Selamat Hari Raya to all celebrating, regardless if you're Muslim or not.

@JT5774 Thanks friend. It's well past your TP3 already. Massive congratulations to you.

Hi @JT5774, based on your TA, are we in Wave 5 or still Wave 3?

Yup. Now that JT5774 TP is hit and bounced back, it may test the 1.35 again. If it fails, then I believe it's retracement time. In any case, don't chase high unless you're very sure of your strategy.

Those who share that news claiming that HLT doesn't manufacture gloves are seriously in need of a basic English lesson. Open that The Edge article and read this:

"“It has been brought to our notice that there is a brand of gloves with the name 'HLT' being sold online. Please take notice that our subsidiary HL Rubber Industries Sdn Bhd does not manufacture gloves under this brand name and we do not sell gloves online,”"

Keyword is subsidiary. Meaning HLT does have a stake (55% if I'm not mistaken). The only thing they don't do is manufacture of gloves with the brand name HLT. That's all it's saying. My dear Lord! Go learn some English first and come back and scare people okay?

@JT5774 I see. So RM0.61 is ((1.01-0.61)/(1.01-0.275)) x 100% = 54% retracement? Thanks, bud.

And congrats to all holders. You're finally rewarded very handsomely. Woohoooo!

@JT5774 Sorry for more question, but where do you put your 0% point?

@JT5774 May I ask which Fibonacci that TP RM1.35 is at?

@Louis7777, if that's not Raya discount, I don't know what is.

Probably too many people converting to mother, that's why it's taking too long.

If it goes for limit up today, son may also hit limit up at 87 sen.

Support now is at 1.01, I guess.

Wow! Massive discount for WA. I'm thinking of converting today and I'll see you guys again after 8 trading days.

@ahwong95 Have a plan whether to cut loss or continue holding. You shouldn't have got in if you didn't have a solid plan beforehand.

I would suggest you don't go in if you're not in yet. On the daily chart it's already overbought and the candlesticks have been hovering above the upper-BB for the third day already. If you've got some holdings already you may want to take profit or continue holding if you don't mind the roller coaster ride. My guess is that it may go up a little bit more, but it's already at a dangerous level and bound to go back down anytime from now. Watch out for the 3-4 pm profit-taking activity.

@JT5774 Thanks. Per tressle's comment last week, it takes 8 trading days. Unfortunately, I've no more funds to convert the WA. I really didn't expect the gap to be as big as 36 sen.

@JT5774 Thanks for that perspective. On 01/06, when mum was at this level, son was at 65. Now son is just a laughing stock.

@Masin. I am, and I do. My thought is that the big players are more interested in the mother share instead of the son, so they go for the mum instead, whereas small players like us are hoping to hit a jackpot with the son, so most of us are being really cautious. Mum needs to hit limit up if son is going to catch up with her.

Haha. I don't know whether to laugh or cry looking at the son.

@beinvested Thanks, pal.

Hope the son is really just pulling a prank on all of us, and later will come out saying "Surprise!" and give us a big windfall. Come on, son!

@beinvested. I'm no good at reading balance sheet. If I may ask, their debt is quite low too, am I right?

Very strong bid at 86 sen. I'm looking at a gap up tomorrow, all the way past RM1. Just don't chase high, friends.

Nice, Paktua. Alaska lobster jom. Saya belanja, Paktua bayar. Hahaha.

Paktua played PDZ yesterday, hit jackpot and then boleh tambah sorang lagi Maktua. Hahaha.

@l3ryan, let him be. Each play with their own style and strategy. There should be no regret if you follow strictly your strategy, as long as you gain money at the end of the day.

Where are those horny (do read that as a double entendre and have a good laugh) bulls? Please attack the son now!

My dear Lord! This son really needs a kick in the frigging butt! Or a turbo boost works just as well.

@l3ryan Instead of that, I think a birthday wish and/or a birthday gift for him is in order. Happy Birthday, friend! Hope you have a blast. By the way, how was Langkawi? My wife and I are planning to go there for Raya.

@johnhuathuat I don't use TA to predict the daily closing price. If you want me to answer that, I'll base my opinion on past movements, and I'll say I'll be happy if it closes at least at 78. Then hopefully we'll see more powerful movement tomorrow crossing RM1 and going further than the pole of the bullish pennant that was formed on 01/06.

Oh well. I hope the bulls will turn to son by 4.30pm today. It doesn't make sense that the difference between son and mother to be a mind-boggling 31 sen. At most it should be 25 if traders are trying to be cautious.

I don't know what shit is happening now with the huge discount for son. AnnH, if this works out, you're going to hit a jackpot.

@jjpang72 That's some nice early duit raya you got there.

@JT5774, Thanks for that. You know as they say, buy on rumour, sell on news, but I hope and believe this time that rumour will turn into news. And correct me if I'm wrong; I think you mean 'hammer' instead of 'shooting star'.

@AnnH I don't think you should be scared now. It was reported that the event of 14/07 happened because the big investors' computer algorithm sell command was triggered, so that's why we could see selling taking place in droves. And as we know, many of them are only interested in the Big 4, but today it looks like the Big 4 are taking a break, so any bad thing is of no concern today. That is my opinion.

Judging from the 29/05 and 01/06 price movements, Carepls managed to hit limit up on the first day whereas HLT only had a meagre 10% gain. On the second day both of them enjoyed a limit up. I wonder if it will repeat this same movement. If no more massace happens this afternoon, I believe it will. It's also worth noting that on the day of the last massacre (14/07) the Big 4 were also enjoying big gains together with the 2nd tier glove stocks, but they aren't today. Based on this alone, I have a feeling that no more devastating massacre will take place today, but in any case, I would advise you guys to stand by and be ready to pull the plug if you need to.