sold last batch @0.48 just now. Will wait little while to get back 0.45 or below... or maybe switch others since selling pressure always high here. Not easy to fly up more. Need longer time
It will probably sidewind from 0.43 to 0.46 and back. Dont hope for much this week or next. It has gone into the dormant state prior to its rise from sleep. At best, this is still a much discounted price - which, taking its 20sen premium, should be about 0.49 to 0.50. If you have earned back what you initially lost, the Gods are already kind. If you have betted more than you should earlier or bought at higher prices, and cant afford to cut-loss, maybe wait for opportunity to average down. In the lack of new indicators, the charts are already showing a lacklustre climb for this warrant
It would be very silly to ignore the trend of the future..Gloves are needed and may become necessity in all sectors and if HLT truly set itself as the main dipline supplier, then there is no shortage of business opportunities.
"Top Glove Corp Bhd*, the world’s largest glove maker, said it is set to build two factories every year to keep pace with global demand for rubber gloves, amid increased usage in the medical industry and heightened hygiene awareness among people due to the Covid-19 pandemic."
Looks like it's flash in the pan. Yesterday's rise was emotional race. But if you bought cheap today, then good. The charts were very clear yesterday at 4.50pm. Long-tailed shooting star going down confirms today's opening.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
mushroom
664 posts
Posted by mushroom > 2020-07-02 09:55 | Report Abuse
so much selling force...