The worst is yet to come, it was merely a 20++% correction. Keep "HODL" I believe the rainbow will appear after rain as the bull is still intact for the next move to an all-time high again. Just a few days ago people were wishing they could get these coins at these prices. Now the opportunity is here and they're too scared to buy. Don't let your emotions...
The dollar climbed as pressure stayed on bonds, with the yield on the U.S. 10-year government bond hovering at its highest levels in a year after Federal Reserve Chairman Jerome Powell expressed little to no concern about the recent spike in yields. The U.S. dollar benefits in a few different ways. Powell’s confidence in the U.S. economy and its ability to...
Rubber glove stocks seem to be heading downhill currently, falling to the lowest points since the reverse of the strong upward trend in October. Despite the slump in these glove stocks, I believe Top Glove offer some of the highest sustainable dividend yields in the world - the glove sector was an attractive sector for many years prior to the pandemic, and it...
If you remember what happened after BTC popped in December, ETH will follow anyway. I do believe the next move will be ETH, as I believe there will be a bounce around this area. Probably the last dip before it popped for a major rally! :) YOU THINK WHAT YOU THINK! Just HODL! Stay safe and peace out.
**Weekly 50 MA + Fibonacci 0.5** Tguan has been accumulating at 2.30 ~ 2.50 for few weeks. Currently at a good entry point level that comes with a good risk and reward ratio.
Chart patterns repeat time and time again, they will never be exactly the same, but it can be very crucial for a reversal. Still stay invested but do not overly expose.
It is very crucial for the last trading day of January 2021. If the weekly candle close below last week low, it will engulfed by a larger red candle indicating a shift toward lower prices. 1. As proven on last trading week of January 2018, 2020 which was also year high for that particular year when this happened. 2. Being resisted twice by 2019 year high at...
The profit target for the pattern is the price difference between the head and the low point of either shoulder. I would say it's RM1.05 differential. Having said that, imo the demand area for a bounce or reversal would be around RM7.00. Covid-19 daily cases in Malaysia have been breaking ATH after ATH. The nation's healthcare system is at a breaking point....
KUALA LUMPUR (Jan 21): Top Glove Corp Bhd said its annual rubber glove production capacity had reached 91 billion pieces as at January 2021 as demand for gloves continued to be strong despite the availability of vaccines to curb the Covid-19 pandemic. Looking ahead, Top Glove said the targeted annual production capacity of 110 billion pieces of gloves by December...
Over the next few weeks/months, I am very certain it will create many new ATHs.
I believe everyone is watching and waiting for this. Good to share and pump it!
Foodpanda, grab, takeaway, or anything you could think of. Adapting well to the new normal, focus on improving sales and margins for existing products (i.e. stretch film), and aims to target more export markets. It is also concentrating on continued expansion into higher-margin production lines to sustain the plastic segment’s margins going forward. Revenue...
Good breakout today. Entry: 1.2 Stoploss: 1.12 TP: 1.3 - 1.4
Topglov results beat all sell-side consensus. As shown, TopGlov issue is never about fundamentals and earnings. Their problem has been the PR/Corporate image impact due to Covid-19 and the labor issue. After declaring a quarterly dividend, at the current price, the yield is around 2.3%, what's next!? Perhaps, Christmas rally or CNY Ang Pao? HAHAHAA :) Not a buy...
Just HOLD and WAIT. Pre-profit companies are often risky, but they can also offer great rewards. In the last year, Green Packet Berhad wasn't profitable at an EBIT level but managed to grow its revenue by 30%, to RM655m. With any luck, the company will be able to grow its way to profitability.
Just ignore the current vaccine news because the trend is your friend! Unless RM6 is broken which indicates M-shape trending since June 2020. Good opportunity to load some around the current level and RM6 level. In other words, "Buy on Dip" with good risk vs reward opportunity. Take care, stay safe everyone.
Singapore's GDP shrank by 41.2% in the second quarter, following a 3.3% drop in the earlier 3 months. All in all, the Head & Shoulder pattern has formed.
Ever since TOPGLOV recorded new high at RM29.30, gloves counter has experienced a big selloff which rebounded back and created a lower high. Thus, I believe it has created a wave correction and heading to RM20 before flying to another ALL TIME HIGH. :) As you all can see, AmInvestment Bank has downgraded gloves sector. The negative article in Bloomberg which...