Supermax profit is the most unsustainable because of its OBM model. OBM model bring a lot of profit last quarter (due to superb profit margin), when normalize later all the superb margin gone

Next support level
- Topglov: RM5, then RM2.5
- Harta: RM12, then RM7
- Supermax: RM3.5, then Rm1
- Kossan (before split): RM8, then RM5.5

Some might try to play the mini rebound at support level. Your own call, no giving any suggestions/advices

Distribution completed ma. Now declining phase, catch the falling knife here is too risky but good reward, if you buy at the mini rebound.
I think we are in the psychologically anxiety mode.
Sooner or later we will have the small mini rebound and go back into denial mode (bull trap), before the last decline and go into flattening the curve mode

Better buy other counters that are n accumulation phase (flatten curve at the trough) together with the big boys and wait retailers to push later with good news 'published' by the big boys

Might be true, thats why not recommending anyone to try to buy at the 'support' lines.
Might not be true, which we might have a mini rebound at the support lines (bull trap), which could possibly be good to turn forumers' big loss into mini losses and get out of gloves for years

Luckily my UT fren advised his clients to get out lol. Now some stubborn clients, who did not listen and chose to remain invested, panic call my friend to lock profit and switch funds.

Look at chart only, but my chart not that good ah, I didnt go looking into details also as I will not try to buy at these levels to play for mini rebound... Just a reference

Buying other counters that are in accumulation phase is much better

Unit trust

Start accumulating counters that are in accumulation phase

This post has been edited by HereToLearn: Sep 10 2020, 10:33 AM

@ZeroesofInfinity predicted counters hitting limit today LOL
MACC if you are reading this, you know what to do

No bro, dont buy when it is down trending, start buying counters that will surely rebound after the chart is flattish for-6 months (accumulation phase), accumulation phase time frame will take quite some time (some might even take a whole full year). The more the NOSH, the longer it will take.

You might have a much higher chance of winning shorting the market than buying the gloves

-20points = 50% gain

This post has been edited by HereToLearn: Sep 10 2020, 10:48 AM

Doing day trading for rebound?

Just joking dont play futures


No time monitor confirm die, later boss fire

This post has been edited by HereToLearn: Sep 10 2020, 11:09 AM

Mike gor, dont have time like Mike gor, he shark

Bills only play smol smol when there is a strong trend of up or down, too risky, dont play futures

Nice V congrats

I kena-ed until sold underwear

LOL, he wants percentage. Not exact value

What to do ASP normalization is definitely inevitable in the future, the longest the ASP can sustain is until 2021, after that ASP confirm drop to precovid. But really dropping much earlier than what I was expecting, loan repayment date is not even near yet

Bro, if you are confident, it will drop to 1400.
Short the index bro, ez money for you; every 1 point drop is RM50. Drop to 1400 from here is 100% gain (as a lot is RM4000)

If it drops to 1400, good opportunity to long the index from there

This post has been edited by HereToLearn: Sep 10 2020, 01:51 PM

Bro shorting the future index (FKLI) is not banned...