Karex vs Topglove. Apple vs Orange? 29/Sept/22Karex as world largest condom producer + main “supplier” for Durex.. Some “compare” it with glove stock. E.g topglove. As both are the “biggest player” of “rubber”products..One should have the “same fate” of the others. Just 1 question. Does human need “standard SOP/ protocol “ during sex activities.. Or “condom” or “gloves” is a “ must/need”?...
Karex
**Non-shariah**KAREX Good time to Entry BuyBuying Checklist
Daily TF
1. Bank accumulation exists.
2. Stochastic bullish divergence.
3. Price cross above EMA6
1H TF
4. MidBB cross EMA50.
5. Momentum Buy (Price close outside BB)
6. Stochastic Bullish continuation divergence.
Why entry now? Because 1H stochastic is oversold!
According to HongLeong Investment Bank (HLIB), they target the fair price value is RM1.19. Wow!!
KAREX - Bearish, No Significant Sign of ImprovementKAREX - Bearish engulfing candle formed upon touching MA50, signalling strong resistance at this level, immediate support at 0.43. The stock is still in big bearish trend, volume is thin, rebounding indicators may have hard time pushing above since trend is bearish. So good to avoid.