STOCK MARKET DISCUSSION V150
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 Jul 16 2020, 08:19 PM
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#521
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QUOTE(AVFAN @ Jul 16 2020, 08:07 PM) last traded prices: Means we now know where to buy - expect drop to 18, flushing out the margin and contra players. Then buy some keep first until matter resolved, and gain from there on. Kossan might drop max 10.5, and can collect again. Harta probably 14 before start buying. |
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Jul 16 2020, 09:46 PM
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#522
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3,703 posts Joined: Oct 2005
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QUOTE(Vanguard 2015 @ Jul 16 2020, 09:24 PM) Time to separate the boys from the men tomorrow. 16? With possibly earning back to 20+ once things resolved? I guess ppl will still take in lots without hesitation.Buy low, sell high they say. Easier said than done. We shall see how many investors/traders can actually do it when the price drops non-stop and the bloodbath starts. If Top Glove drops to RM16, will you dare to sai lang? 😅 |
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Jul 16 2020, 09:47 PM
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#523
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3,703 posts Joined: Oct 2005
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QUOTE(jianwei90 @ Jul 16 2020, 09:44 PM) wonder what's the last trading price for topglove today. Top Glove was the top loser, down RM2.10 to RM19.70 while Kossan lost 44 sen to RM12.26 and Comfort Gloves 21 sen down to RM3.57is it 21.24 as per bursa website or is 19.70? https://www.bursamalaysia.com/trade/trading...stock_code=7113 |
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Jul 17 2020, 06:27 AM
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#524
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3,703 posts Joined: Oct 2005
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QUOTE(lamode @ Jul 17 2020, 01:28 AM) yup, i hope they did some form of enhancement for the capacity, else sure KO. It's made worse that DJI ends up in red today, causing a spillover effect to Asean markets opening later. The morning session will be a bloodbath as many will try to sell in order to avoid more losses.the coming morning opening volume is expected to be higher than yesterday afternoon. its fri, many traders will close out before the weekend. |
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Jul 17 2020, 09:10 AM
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#525
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3,703 posts Joined: Oct 2005
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TG fall -1.2
Harta falling Kossan falling Careplus falling Supermax just surviving. Alright. Time for shopping. |
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Jul 17 2020, 09:13 AM
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#526
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3,703 posts Joined: Oct 2005
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QUOTE(AVFAN @ Jul 17 2020, 09:13 AM) TG... anyone during first minute got <20, congrats. I'm waiting for 20.00. Just. Nice.looks like 20.50 remains at major support line. what crash?!!  |
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Jul 17 2020, 09:17 AM
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#527
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Harta seems to be the most..... stable one so far. Supermax is moving non stop.
Holding bullets for purchase.... it's coming. |
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Jul 17 2020, 09:23 AM
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#528
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3,703 posts Joined: Oct 2005
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Lol.... no shit Sherlock tip by Rakuten....
"Should TopGlove share price fall steeply, this would be also an opportunity for bargain hunting to “Buy On Dips” |
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Jul 17 2020, 09:26 AM
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#529
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3,703 posts Joined: Oct 2005
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Wait.... did TG just jumped 1+ in a matter of 1 minute?
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Jul 17 2020, 09:30 AM
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#530
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3,703 posts Joined: Oct 2005
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Looks like the correction is over. Gloves are peaking up.
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Jul 17 2020, 09:35 AM
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#531
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3,703 posts Joined: Oct 2005
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Got myself a nice combo.... 500 units each.
TG, Supermax, Kossan and Harta. And all are in green  |
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Jul 17 2020, 09:49 AM
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#532
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QUOTE(icemanfx @ Jul 17 2020, 09:46 AM) #ddtg rule! Once it stabilizes in the morning, it would be interesting to see what happens in afternoon. If all is good, next Monday will be back to normal.the glove gang of four are almost certain will set new price record. |
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Jul 17 2020, 09:53 AM
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#533
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QUOTE MQ Research: US Detention Order Not Major Threat to Top Glove Date: 17/07/2020 Source : MACQUARIE GROUP Stock : TOPGLOV Price Target : 30.40 | Price Call : BUY Yesterday, trading in Top Glove shares and warrants was halted from 2:30pm to 3:30pm, followed by a market-wide trading disruption from 3:30pm up to market close (do follow us on Telegram to stay updated). Macquarie Equities Research (MQ Research) believes that the issue will be resolved quickly. It maintains an Outperform rating on Top Glove with a target price of RM30.40 and is of the view that any pullback in share price performance will be a good opportunity to accumulate. Looks like if the matter is resolved quickly, TG will again fly up very high. |
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Jul 17 2020, 10:02 AM
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#534
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QUOTE(Vanguard 2015 @ Jul 17 2020, 09:55 AM) What an anti-climax. No correction for Top Glove. Instead, it is going up. There was actually a correction in the first 30 mins. Then out of nowhere, it jumped from -1.1 to +1.2. I missed the boat there, but still managed to score some.Mr. Market is again showing its unpredictable side. |
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Jul 17 2020, 10:05 AM
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#535
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3,703 posts Joined: Oct 2005
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QUOTE(silverwave @ Jul 17 2020, 09:59 AM) Actually it wasn't as severe as i expected Bursa (or was it TG) pulled the plug at the "right time". After reading their reports on the matter, I noted the drop won't happen for long and much. Too bad I missed purchasing lower when Rakuten suddenly "update" their prices to +1 without a moment's note. But still managed to get some. And now look where they are.  Looks like the glove appitite is still alive. TG might hit 22.5 or even 23 today. And if it holds on pass 22, Monday will look VERY VERY INTERESTING. This post has been edited by ZeroSOFInfinity: Jul 17 2020, 10:07 AM silverwave liked this post
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Jul 17 2020, 10:14 AM
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#536
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Harta and Supermax rallying up... looking good. Can hit +1 or more today.
Kossan needs a kick in the butt. Come on..... |
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Jul 17 2020, 10:21 AM
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#537
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3,703 posts Joined: Oct 2005
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Jul 17 2020, 11:00 AM
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#538
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QUOTE(KayeX @ Jul 17 2020, 10:55 AM) Profit taking will happen soon Actually it already happened once earlier. Think it was for about 10+ mins. Now back up. |
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Jul 17 2020, 11:00 AM
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#539
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QUOTE(Vanguard 2015 @ Jul 17 2020, 10:53 AM) Thanks for the info. I only switched on my computer at 9.30 a.m. Wow lucky you. I plan to hold first, but put a sell order in case things like last few days happened.I did day trading for Top Glove. In and out in 1 hour. Made RM1K. Enough-lah. I have no time to monitor the computer screen. |
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Jul 17 2020, 11:10 AM
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#540
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QUOTE(AVFAN @ Jul 17 2020, 11:06 AM) big gloves have all gone green. Yeah..... waiting..... my gut feeling is that it will happen on the afternoon session.perhaps the small ones will too, very soon. This post has been edited by ZeroSOFInfinity: Jul 17 2020, 12:27 PM |
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