Posted by maxprofit2020 > 2020-02-08 19:05 | Report Abuse

The past 3 days chart showing an evening star.
Wed : open = 0.755, close = 0.825 => up 0.07 (close - open create long green bar, retailers start chase high with high volume).
Thur : open = 0.84, close = 0.835 => down 0.005 (a narrow red body, price still higher then Wed close, retailer expect a higher high may happen and continue chase high with high volume).
Fri : open = 0.825, close = 0.795 => down 0.03 (close - open create long red bar, retailer being trapped in, low volume compared to previous 2 days, most retailers holding stock expect rebound).

An evening star indicate a downtrend may happen from Monday onward. Those who chase high last week by Wed & Thur (overbought) and not yet sell until next Monday will face a downtrend and will start panic selling from Monday onward.

Posted by shareinvestor88 > 2020-02-09 16:03 | Report Abuse

Garment apparel production stopped in china. I think will flow to magni n prolexus

Posted by maxprofit2020 > 2020-02-10 09:22 | Report Abuse

As expected, after an evening star formed by last week, today will be a free fall with no support. The operator created a fake uptrend last week for retailers to chase high. For those already sold last week, no rush to buy back. For those not yet sell, sell first and you can buy back at lower price.

Posted by Scorse > 2020-02-11 15:12 | Report Abuse

Waterfall

Posted by ywong888 > 2020-02-11 16:24 | Report Abuse

volume is pilling up!!!

Posted by KINGCOBRA3 > 2020-02-14 14:33 | Report Abuse

FAKE UPTREND OR FOR REAL?

Posted by Scorse > 2020-02-14 15:11 | Report Abuse

got some wa at 100!

Posted by ywong888 > 2020-02-14 16:45 | Report Abuse

Hopefully more sport apparel PO will fall back to Malaysia..... flying up!!!

Posted by maxprofit2020 > 2020-02-14 17:11 | Report Abuse

After hitting lowest this week 0.75 by Tuesday, it formed a support and it gradually trend up the support.

Tue lowest : 0.75
Wed lowest : 0.755
Thu lowest : 0.76
Fri (today) lowest : 0.765
next support should be 0.77 = SMA 12 & SMA 30.

The low per day trending higher high in 4 days consistently, the support being solid formed at the level.

The first resistant is 0.82 which = SMA 50.
If Monday able to breakthrough 0.82 and close above 0.82, then a new uptrend is confirmed, else may go sideway between 0.77 ~ 0.82 for consolidation.
The second resistant will be 0.865.

Posted by maxprofit2020 > 2020-02-14 17:15 | Report Abuse

by Monday closing we shall have a clearer picture this round of uptrend whether is for real.

Posted by shareinvestor88 > 2020-02-14 17:28 | Report Abuse

Production shifting from china to prol n magni

Posted by Scorse > 2020-02-15 11:14 | Report Abuse

Where did you get the info, shareinvestor88?

Posted by shareinvestor88 > 2020-02-15 13:57 | Report Abuse

Think logically. If ur making garments in china , now production in limbo , where wud u go to ??

Posted by KINGCOBRA3 > 2020-02-17 10:23 | Report Abuse

this time can we really in uptrend stage?

Posted by maxprofit2020 > 2020-02-18 10:48 | Report Abuse

This morning had retested the support of 0.77 = SMA 30 then rebound.
The current resistant shall be 0.815 = SMA 50.
Shall today closing is able to close at 0.815 or above and stabilize for this week, it will be a significant reversal of trend.

The major downtrend started Dec 13th when SMA 50 at the time at 0.945 broken and all the way down to 0.695 by Feb 3rd (in between all the rebound are temporary).

0.815 = current SMA 50 will be crossover point for reversal to a long term uptrend if able to breakthrough and sustain.

Posted by maxprofit2020 > 2020-02-18 10:52 | Report Abuse

If not able to breakthrough 0.815, then it will go side way for consolidation between 0.77 ~ 0.815 until 0.815 become a support instead of resistant.

Posted by KINGCOBRA3 > 2020-02-18 11:30 | Report Abuse

fake uptrend ....to trap retailers ...PRL n its warrants!

Posted by maxprofit2020 > 2020-02-18 11:38 | Report Abuse

It depends on whether 0.815 can breakthrough and sustain for this week, then it is a real uptrend.
All indications are currently positive, it will be a normal consolidation (back & forth) between 0.77 ~0.815 until selling pressure depleted, then a long term uptrend start from 0.815 will be possible.

Posted by maxprofit2020 > 2020-02-18 11:42 | Report Abuse

For those already sold above 0.8 :
0.77 is the current support level = SMA 30 for buy back
0.815 is the current resistant = SMA 50

Posted by ywong888 > 2020-02-18 16:48 | Report Abuse

fund managers are playing game??? drastic up & down

Posted by maxprofit2020 > 2020-02-18 17:34 | Report Abuse

It is left hand sell to right hand to flush out weak holders and collecting stocks at low price.

Currently it is at a junction of cross-over (the downtrend from Dec 13th going to end this month and a new uptrend gradually forming this month, the current cross over point is 0.81 ~0.82).

The operator is pushing the price up & down to let retailers chase high and panic sell within a day 2 times to flush out weak holders, unload stocks above 0.8 and collecting stocks below 0.8.

For those already sold, the current buy back support level is 0.77/0.78.

For those intend to sell, the current resistant is 0.81/0.82.

In between there will be huge volume park at buy or sell Q, take the opportunity to buy back at low price 0.77/0.78 and sell above 0.8, ride with the trend instead of chase high above 0.8 & panic sell below 0.8.

Posted by KINGCOBRA3 > 2020-02-19 15:05 | Report Abuse

those stupid operators trying to press down its warrants whereas mother strong having steady followup buyers!

Posted by Hwai Hooi > 2020-02-20 15:15 | Report Abuse

this time seem like coming?

Posted by KINGCOBRA3 > 2020-02-20 15:27 | Report Abuse

fxxk those warrants!...downtrend

Posted by Hwai Hooi > 2020-02-20 15:28 | Report Abuse

change buy mom better

Posted by ywong888 > 2020-02-20 16:43 | Report Abuse

building strong based.....

Posted by KINGCOBRA3 > 2020-02-20 16:53 | Report Abuse

to those warrant operator....mother fxxckers!!!

Posted by Scorse > 2020-02-20 17:25 | Report Abuse

Both mother and warrant will break new high again, Max?

Posted by Scorse > 2020-02-21 09:27 | Report Abuse

What is the new resistance and support for now?

Posted by KINGCOBRA3 > 2020-02-26 16:04 | Report Abuse

75s....touched!

Posted by maxprofit2020 > 2020-02-26 16:43 | Report Abuse

Had been under estimate the volume of contra players need to be forced sell today.
Need to patiently wait for the contra players cleared out for a rebound this week.

It is an opportunity to buy low today.

Posted by BlackWhite > 2020-02-27 12:31 | Report Abuse

Fake uptrend displayed , stay quiet here

Posted by mukhriz02023 > 2020-02-28 15:21 | Report Abuse

Cut loss everybody

Posted by ywong888 > 2020-03-04 10:15 | Report Abuse

sleeping again....

Posted by mukhriz02023 > 2020-03-04 10:27 | Report Abuse

Bagus lah sleep dari jatuh katil

Posted by KINGCOBRA3 > 2020-03-05 14:26 | Report Abuse

maxprofit2020....what 's next? another word, any comments?

Posted by KINGCOBRA3 > 2020-03-05 21:46 | Report Abuse

maxprofit2020, thanks for your frank and straight forward advice...from the politics outlook here, I think it will slowly cool down till May...keeping fingers crossed!

Posted by GooShem > 2020-03-05 21:50 | Report Abuse

tomorrow drop again

Posted by NoHopeMedia > 2020-03-09 16:42 | Report Abuse

Not related to oil also drop 20% in a day .....

Posted by NoHopeMedia > 2020-03-10 09:27 | Report Abuse

Wow! Burn faster than any petrol
Worst perform than O&G sector
Drop everyday with no tomorow

Posted by mukhriz02023 > 2020-03-12 15:52 | Report Abuse

Burn hangit

Posted by Luckiwin > 2020-03-12 16:30 | Report Abuse

ku beli 0.83.... habis

Posted by NoHopeMedia > 2020-03-12 18:24 | Report Abuse

Take years to up, but only need days to down to bottom
Rest in peace

Posted by BigPro > 2020-03-13 10:01 | Report Abuse

Don't worry, just paper lost. Can average down and keep for few years....

Posted by NoHopeMedia > 2020-03-13 12:48 | Report Abuse

50% down back to September.
1 week enough to drop 1 year profit

Posted by 654321aaa > 2020-03-17 11:26 | Report Abuse

Paper lost ? The paper is wet....

Posted by NoHopeMedia > 2020-03-18 17:13 | Report Abuse

I think soon no more paper of keep drop everyday since last year !
Paperless

Posted by NoHopeMedia > 2020-03-19 11:29 | Report Abuse

Gone case ! 20% drop again

Posted by yasseraris > 2020-04-06 09:54 | Report Abuse

30% up

Posted by ywong888 > 2020-04-06 10:50 | Report Abuse

Why surge suddenly??