Otb, for the second time, go hide lar. Behind batu cave there got a quiet nice cave. Only come out when the price crosses 20.00. You will not come out from that cave even after a generation come & go.

Otb, go hide lar. No shame ka you?? Your dignity already down to yr ass. It will only go lower from here.

Its the trend that is taking root in the market across the glove world. If you fight this trend, even 100 lorry loads of cash wont be enough. Like throwing cash into flowing river.

Thats how this glove mania will end. If you dont know what you are doing, you will end up losing 50 - 75% of yr money.

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Its downtrending direction is towards 15.00. Understand ??

Its not down. Its downtrending. Understand??

Blood oozing out from ass oredy? Not yet? Wait, a lot more to come. Next, not today, it will target 17.20 today's low.

I say it again. Going forward its not about glove or vaccine. Its about the march low rebound of world markets coming to an end. Its about markets correcting to negative growth or recession in real economies. Everything will go down from here. Do not fight this force. You will never win.

Some idiot fund is artificially pushing against the market. What he is really doing is only delaying the fall. The fall will come bcause the market will go where it wants to go => 15.00++

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The next thing that will take it down is wallstreet. Bcause wallstreet has just completed its double top formation. It will now make its bearish move n take the whole world markets down with it.

If you are experienced enough, just one look at the chart, you know its bearish. It is a 4 day formation of a bearish posture.

18.36. Dont buy bcause the chart is a clear cut 200% bearish. This is the last bounce b4 going to crash below 18.08. Another bear trap.

Stay away. 18.08 will break. Bcause market is weak n today is friday, weaker in afternoon.

18.16. Have a spooky feeling? Its because this 1.26 drop is only 25% of its downside move. Another 3.00++ to go. Its only 8 cents away from its major cliff 18.08. This is its recent intraday low 2 days ago.

3.15. If you are not a fast trader, do not buy here. As i said chart says it will drop below 3.01 recent low n head towards 2.30.

I called 24.00 the market top

I called yesterday's move to 20.00++ a dead cat bounce.

I hv been right so far.

Now i say it is on its way down to 15.06 with shallow intermittent rebounds.

I give you a serious target price now. It will drop below 12aug low of 18.08. The drop below this point is the height of the candle that day. That wud take it to 15.06.

I repeat: FIFTEEN O SIX

Up to a point where you must admit that what is going on in the market is completely different than what is going on in your head. Then you need to hit that exit button. The earlier you reach this point, the better off you would be.

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Subject: Supermax

Diagnostic: Vaccine coming to kill demand for gloves

Outlook: Very negative

Target price: 12.00

Action required: Sell

The chart says it will drift lower in a few days to recent intraday low 3.01 n quickly drop off this cliff to 2.30. I pitty you thats why i write this. Please get out now while it is still holding above 3.40.

Vaccine otw to kill demand for gloves. Outlook is very negative for all glove/medical stocks.

You invest for the future & the future is not glove. The future is vaccine that will kill demand for gloves. That is all that there is to it. All these projections are speculation with evil intention that will end up in tears for many. Stay away.

Btw wallstreet has just completed a double top move. It will lead the world's stock market much lower for the next few months. Stay sidelined with 100% cash.

This market is VERY BAD. I am tracking 27 stocks in my favourite list and EVERY SINGLE ONE of them is COMING DOWN. Supermx is in the list. STAY OUT of this market for 2 MONTHS.

Bubbly move towards closing all round. Tommorow, all red the whole day.

Carepls => just turned from green to red
Comfort => red
Next => supermx. Even red today you need to sell bcause another big fall coming tomolo. This is how its coming down. Big fall one day, rest with small gain/loss next day to be followed by another big drop the following day.

Whichever way you look at it, its not good. 0.44 up from yesterday but 1.10 drop from todays peak. Another big > 2.00 drop tommorow. Its time for you to escape now. Seiously.

Didnt it occur to you that the run from 1.40 to 24.00++ is already exotic n spectacular that it is already on its way down now??

What makes you think you can escape before the ultimate fall? Market has a way to lure you in n trap you. Like a dead cat bounce this morning. You buy in bcause market psycho you in, then you will get trapped in subsequent falls.

Be careful. Got this one idiot asking people to hold for 5 mths. By that time this glove bull already resting in peace 6 feet under. Vaccine deployed worldwide, some arriving at klia, new infected covid cases coming spiralling down.

Who wants to own a company knowing future revenues coming down by 70%?? You invest in a company with bright future. Not the opposite. Peaking 300% revenue n then losing 70% revenue. At what point you will lose yr underwear ?

Everything will turn RED in the afternoon.

Intraday chart has broken down. Afternoon towards 18.57.

The same for top glove. 24.17 afternoon.

This is a DEAD CAT BOUNCE, infact its taking place cross the board in many other counters.

BIG DROP tommorow.

15.70 - 15.90 by monday/tuesday

Big drop tommorow. > 2.00 drop. This is how these things coming down. Not in a straight line.

Red trades in afternoon session...

The same is true for top glove. Uptrend line broken. Its going down.

If you connect all the low points from 29 june to form an uptrend line, this line was decisively broken yesterday. Sell into strength. Tp 15.70 - 15.90.

One thing you should know when a bubble bursts, it doesnt care whether you are big or small, whether you are a manipulator or an innocent, it takes everyone down with it.

OTB hiding in cave lar now that the price is down, shaking his balls. When price jumps >2.00 then he will come out pretending that his balls were never shaken. Most likely sitting on fence waiting to jump on naysayers later when price recovers or about to issue sell recommendation to his idiot gang. Dream on. This bubble is bursting.

I hv better eyes n bigger brain than you. I see what you dont see.

A few months from now you will see how what you thought as innocent unproven putin's sputnik V vaccine was the thorn that puntured this glove bubble.

What was thought to be a year away, is in fact a few months away. Putin's vaccine will hit the market by november. B4 that he will ship tens of million doses to trump to help him win election b4 3rd november. Glove prices will dive another leg lower from the current coming pitt stop which will happen in the next few days.

What all these say is these glove manufacturers windfalls are SHORTLIVED. Share prices will come down MUCH EARLIER than the drop in no of newly infected cases n drop in glove demand.

Remember when i decided to move into 100% cash last thurs evening bcause i could not understand how hlt & notion could make tripple limit up move?

Hlt high was 3.33 the next day. Now its 1.55, > 50% drop.

Notion high was 2.34 the next day. Its 1.10 now, again > 50% drop.

The charts for both of these clearly show they r on the way down near their square one n will stay down with no rebound, other words BUBBLE IS BURSTING.

Naturally you should expect supermx n all other glove counters to follow similar path => ON THE WAY DOWN & WILL STAY DOWN.

STAY AWAY FROM ALL GLOVES BECAUSE THE GREAT GLOVE BUBBLE OF COVID 19 PANDEMIC 2020 IS BURSTING. And you are in the midst of it but you havent realised it yet.

Immediate technical target 15.80

Down to todays low of 18.08 n staged a technical rebound to 20.36 n down again otw to 18.08. Last close 18.88.

Tommorow dont be fooled by early green bcause a drop below 18.08 would take it to 15.80.

Technical target = 18.08 - (20.36 - 18.08) = 15.80

But dont be surprised if it goes all the way to test the recent correction low of 12.52 just to make you pee in yr pants..

He he....hu hu...la la la...its going for sixteen something as i predicted all along when it was at 22.00 - 24.00.

Now you only see arr. I saw this 10 steps ahead.

Dont be a fool if some idiot the like of you know who comes out to say last qtr eps 30 cents annualised to 1.20 with 35 pe the price should be 40.00.

Market knows the vaccine will kill glove manufacturers shortlived fortunes. It is a leading indicator. It reacts ahead of time.

Yes. Vaccine headlines will hit the news again n again. This is only the beginning with putin vaccine. Trump vaccine, chinese vaccine, oxford vaccine, brazilian vaccine, vaccine production, shipment, countries trying to jump queue to get vaccine, malaysia included.

Vaccine arriving at klia cargo with big news announcement, where to get vaccinated etc. This going to be huge. Imagine what these wud do to supermx trading price & sentiment ?

Ultimately WHO approved vaccine wud be the nail on this glove rally coffin. Then it will slowly drifting lower into its grave, final resting place.

While it is still in its early days of descend, get out n dont look back !

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12.20 pm wed 12 aug 2020. Mark this bcause it is the last time it makes a drop below 20.00. Quote this again a year from now on 12 aug 2021 when it is trading at 8.50. Then you wud know what i mean when i say i am a real sifu.

Everything making a uturn now from their respective technical rebound peak