Day traders at play, they always buy at dip and sell within the day itself. Need to be discipline to be one good day trader.
Tbh buying the dip could be a good strategy provided that you too (following the pro day traders) sell within the day itself.

Wait for the QR result . If QR is as good as market's expectations, tomorrow will be 'Superman Tuesday'

Wait for the QR. There is really no need for you to take unnecessary risk. Just look at carepls, after realsing good result on 24 July (closing price 2.46), price did not immediately shot up. Dont FOMO

Happy to analyze supermax QR later with all the pros here. Lets have an open and constructive discussion later

This post has been edited by HereToLearn: Aug 10 2020, 04:03 PM

Disciplined day traders at play, buy low sell high within the day itself

Hardcore supporters will say it is flushing by IBs. Tbh, there is really no need to flush the weak hands if the QRs are not going to be as good as expected.
If QRs turn out to be as good as expected, then I have to admit that I am wrong lol. Here to learn with all pros in this forum anyway

This post has been edited by HereToLearn: Aug 10 2020, 04:07 PM

Hahaha it is either
retailer confidence vs big players distribution, OR
day traders rebuying low to sell high before 5pm later. But this might be too risky for day traders.

If you have paper gain, just book profit,
If you have paper loss, dont panic sell? QR might be good, we wont know. Also big players will not want the price to drop so soon (want to distribute at highest possible price for maximum gain slowly everyday). Just sell later at a higher price to incur minimum loss

Yeah dont panic buy my friend. Kudos of sharing public awareness of remaining calm here with me . Lets analyze the result together later

Thats the thing dont be too hasty to topup when you dont know where the ship is heading.
If the QR is really good, paying some extra premium to join the boat is totally ok.


PS: I am not a good trader, I cant predict the market sentiment, cant do technical and volume-spread analysis properly.
I can only join the ship, when there is a clearer indication of its direction (not so foggy and hazy)

SAME FOR THE SOON-TO-BE VACCINE HYPE, DONT JUMP SHIP BLINDLY UNTIL YOU HAVE A CLEAR INDICATION OF ITS DIRECTION.
IF YOU ARE THERE TO GORENG. DONT BE TOO GREEDY.

Vaccine might be the next hype the syndicate traders will popularize, we wont know.

Also, wish to find like minds here to learn more and refine each others' skills in fundamental analysis , who buys a stock based on data not on emotion/sentiment with no anti/bias
towards any sector.

This post has been edited by HereToLearn: Aug 10 2020, 04:30 PM

No problem, some people started bashing me when I all do is just sharing public awareness not to FOMO, just wait and see if the gloves are really as good as what the public has priced in based on fundamental analysis before making decisions.. I learnt that because I was a victim too.

And I have seen too many cases which public bought significant overvalued properties locking them into years of commitment by gurus, some even went bankrupt.



This post has been edited by HereToLearn: Aug 10 2020, 04:40 PM

Update here when the QR is out, and lets make a sound decision for tomorrow

It is just 8% from today's price, I think we will get there in a week or 2

Is it confirmed that supermax result will be released today? Until now nothing?

Should be able to rebound in 2H2021, slowly go in for long term

Of course a -52mill from the earnings

Maybe some forumers make people to believe that the QR will be superb (to upsell the stocks), by telling people that the QR will be out early?

This post has been edited by HereToLearn: Aug 10 2020, 05:44 PM

Syndicate traders' doing

Wow superman result, PE 17x, looks like it might be a good idea to take some risks here

LOL

Will other glove counters people sell to join supermax here?

Have to be on the safe side. Which gloves counters have the most OBM to OEM ratio?

Heavily on OEM