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 STOCK MARKET DISCUSSION V150

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silverwave
post Jan 4 2021, 12:22 PM

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QUOTE(HereToLearn @ Jan 4 2021, 12:09 PM)
For now, I will put buying back long term stocks on hold.

Wait until retailers absorb all the
- ISinar
- Panic selling
- RSS

When it has stabilized, only reenter, ps not a selling call to tell you to sell your stocks if they are fairly valued ya.

For the downtrending stocks, I expect pros would try to continue short sell them, and this can drag the index lower. Anyone who knows how to short sell can consider doing so. I shared a potential shot selling list last week. Please only short when there is a clear down trending direction

Next KLCI support line 1540-1550.

If we break below 1580, 1550 is possible
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Is there a limit for RSS? Seems like it can drag the whole index down if it goes on for days biggrin.gif
silverwave
post Jan 4 2021, 02:25 PM

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QUOTE(AVFAN @ Jan 4 2021, 02:20 PM)
apart from the glove thingy, this will drag all bursa lower for some time:
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This will be a never ending story doh.gif
silverwave
post Jan 4 2021, 05:10 PM

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Added a bit into Harta. Will monitor Supermx and TG tomorrow if will drops further biggrin.gif

This post has been edited by silverwave: Jan 4 2021, 05:10 PM
silverwave
post Jan 6 2021, 11:34 AM

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For Supermx shares that were given instead of dividend, what is the price of it? Maybank app shows 'bulk transfer, RM0.00'

This post has been edited by silverwave: Jan 6 2021, 11:34 AM
silverwave
post Jan 7 2021, 03:39 PM

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Here we go, TG in red and SM almost back to red

This post has been edited by silverwave: Jan 7 2021, 03:39 PM
silverwave
post Jan 7 2021, 05:28 PM

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Since Supermx QR is soon, is it a good time to enter? And sell when news out 😁
silverwave
post Jan 8 2021, 12:12 PM

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Looks like funds are entering gloves already, whether can sustain or not must observe later
silverwave
post Jan 8 2021, 03:33 PM

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supermx started the crazy run
silverwave
post Jan 8 2021, 03:37 PM

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QUOTE(AVFAN @ Jan 8 2021, 03:35 PM)
if it closes >6.60, good news.
*
Yup but the way it is moving is like buy high, sell higher tongue.gif
silverwave
post Jan 8 2021, 04:21 PM

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If the momentum continues, very good for those who bought high and want to clear.
silverwave
post Jan 11 2021, 04:45 PM

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Supermx is dropping like waterfall
silverwave
post Jan 11 2021, 05:08 PM

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QUOTE(AVFAN @ Jan 11 2021, 05:03 PM)
nah... 7.30->7.03... i think just last minute "panic" sell.

i tried to low ball 7.02 last minute too, failed! laugh.gif

TG, kossan looks reasonable.

shud be ok tmr. smile.gif
*
Lol, i was planning at 7 or lower but the last 30 minutes drop was too quick, so i decided to hold. biggrin.gif
silverwave
post Jan 11 2021, 08:56 PM

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QUOTE(Deathscythe@@ @ Jan 11 2021, 08:51 PM)
It seems that gov “stabilise” the Bursa since last Friday. Hinted for today’s announcement. So last Friday most of the stocks dropped (gloves hike) already “priced in”?

I chose to monitor first tomorrow rather than panic sell 🙌😂
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Yes, i had the same thought too because Friday's jump was rather abnormal. biggrin.gif
silverwave
post Jan 12 2021, 11:14 AM

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Surprisingly gloves are still holding up well, was expecting more volatility biggrin.gif
silverwave
post Jan 13 2021, 09:28 AM

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Market is quite slow for MCO day 1, i guess people are much more cautious now biggrin.gif
silverwave
post Jan 13 2021, 11:50 AM

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gloves are starting to decline
silverwave
post Jan 14 2021, 10:46 AM

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QUOTE(kembayang @ Jan 14 2021, 10:00 AM)
K power really suits its name even after split.
*
yes, wonder if still can enter or it is too high already
silverwave
post Jan 14 2021, 12:36 PM

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gloves seems like going to go back to last week's prices
silverwave
post Jan 14 2021, 03:35 PM

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how to see the % of short selling in CIMB platform?
silverwave
post Jan 14 2021, 04:36 PM

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glove prices looks tempting, though it may continue to drop tomorrow

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