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 STOCK MARKET DISCUSSION V150

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silverwave
post Oct 16 2020, 11:11 AM

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Big 4 seems a bit slow today
silverwave
post Oct 16 2020, 11:45 AM

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QUOTE(AVFAN @ Oct 16 2020, 11:22 AM)
vol is lower today, but not too slow, looks OK... 4pm magic show?! laugh.gif

i had been waiting for a new entry point for spmx... no chance so far.
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Haha, indeed volume is lower, it's moving but very slow. Yea, let's wait and see if there's 4pm show but take note it is Friday.

Spmx looks like going forward only.
silverwave
post Oct 16 2020, 01:27 PM

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I think the political mess is going to start again sad.gif
silverwave
post Oct 16 2020, 01:46 PM

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QUOTE(ZeneticX @ Oct 16 2020, 01:40 PM)
Whats happening later?
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I mean in the next few weeks to come biggrin.gif

https://www.freemalaysiatoday.com/category/...s-reminds-king/

This post has been edited by silverwave: Oct 16 2020, 01:48 PM
silverwave
post Oct 16 2020, 03:45 PM

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I wonder if it's Friday usual profit taking or something else?
silverwave
post Oct 16 2020, 03:57 PM

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QUOTE(Duckies @ Oct 16 2020, 03:46 PM)
It's Friday...so can't say I am surprised to see red. Plus it's been so many days green so it's kinda expected to come. But overall the price still quite good compared to last month.
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I agree the drop is not so drastic if compared to last month.

QUOTE(ry8128 @ Oct 16 2020, 03:49 PM)
Its completely normal bro. If u observe gloves movement, bull run will last for around 3-4 days, then suffer a minor dip, then bull again. This is the reason I sold my tg earlier, cos i feel the bull run gonna end.

Assuming no washing machine coming or unexpected factor, gloves should dip again on early next week before going another bull run.

PS: just my own observation, not buy/sell call. Trade at ur own risk  tongue.gif
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Interesting, i shall observe based on your theory and see, thanks.

The only thing that makes me annoyed (or more alert now) is the political mess that will ruin the nice bull run biggrin.gif
silverwave
post Oct 16 2020, 04:06 PM

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QUOTE(ry8128 @ Oct 16 2020, 04:01 PM)
No need see future, just pull out chart can see oledi  laugh.gif

user posted image
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Looks like i need to spend more time with the charts tongue.gif
silverwave
post Oct 18 2020, 08:52 PM

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QUOTE(AVFAN @ Oct 18 2020, 08:05 PM)
below 3 pieces of news... may = glove rally tmr, esp TG.

keep selling yr glove stocks if u must! tongue.gif
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Hopefully TG pushes to 10+ very soon! biggrin.gif
silverwave
post Oct 20 2020, 09:50 AM

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QUOTE(ZeroSOFInfinity @ Oct 20 2020, 06:42 AM)
Today will have slight correction for gloves in the morning.... chance to topup guys before rally continues.
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insider news?
silverwave
post Oct 20 2020, 04:28 PM

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Looks like it is picking up slowly again, good for those who topped up
silverwave
post Oct 20 2020, 04:49 PM

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May be the drop because of this?

https://www.freemalaysiatoday.com/category/...rja-dari-rumah/
silverwave
post Oct 21 2020, 11:05 AM

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I thought the big 4 will rally a bit more before the drop sad.gif
silverwave
post Oct 21 2020, 04:42 PM

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QUOTE(AVFAN @ Oct 21 2020, 04:36 PM)
this one most likely is EPF dumping big.

EPF is the biggest gorenger in bursa.
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Agree, they were buying a lot over the last few weeks if i am not wrong
silverwave
post Oct 22 2020, 10:25 AM

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QUOTE(AVFAN @ Oct 22 2020, 10:19 AM)
bank lovers, take note.... maybank 7.08, 6 month low.
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So tempting but i don't foresee any growth for some time biggrin.gif
silverwave
post Oct 22 2020, 10:52 AM

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QUOTE(ry8128 @ Oct 22 2020, 10:33 AM)
Not bad, able to get some amount smile.gif. But still reserve some cash to top up more if it drops further. I even had rm9 and 8.5 still in queue now.

I did some study back at night yesterday, and I do believe spmax is promising. So I gobble up more at 9.5 this morning.
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Just curious about your strategy, when you queue in multiple prices, are you buying like 500 units each time or lesser?
silverwave
post Oct 22 2020, 03:41 PM

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QUOTE(Xp3rT @ Oct 22 2020, 03:39 PM)
same for supermax
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Harta is very close
silverwave
post Oct 22 2020, 04:24 PM

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Potential windfall tax caused the mess?

https://www.thestar.com.my/business/busines...-take-a-beating
silverwave
post Oct 23 2020, 03:00 PM

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so seems like gloves are going to continue dropping next week too with the QR and then the US elections
silverwave
post Oct 23 2020, 03:47 PM

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The drop isn't that severe yet but may change with any surprises
silverwave
post Oct 23 2020, 04:50 PM

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stocks are still holding on, about 2-3% drop so far

This post has been edited by silverwave: Oct 23 2020, 04:50 PM

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