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In my humble opinion, holding plan is key. As the rumours become reality which is the Qr and people need to wait another three month to get the qr excitement. If the price shoot up too fast, the future growth for the following period will be limited. Now just flush out those speculator and accumulate the momentum and the price will be steadily growth.
US 2nd wave COVID should benefit glove counters. I think reason is many foreigners sell shares to convert into cash in hand. Top Glove still got chance to fly up. Same goes to Supermax and others. Just my opinion. Don't forget US citizens can buy shares in Malaysia.
RIP top glove & Supermax. I will hold it even if loss. If COVID 19 rise again, glove should up again yet drop. Basically, no fundamentals in play, fear and panic selling.
kc teh..yea bcoz US-China ties to deteriorate no matter who wins..political & covid-19 2nd wave panic sell may cause the market up and down
if you are purchase at very low price still can hold for long term since their QR is good & glove demand still there.
If wanna buy in now or add-on, may need to monitor US markets wrap dow jones make sure buy at stable level but instead of buy during going up trend with green
yea kc teh..you are correct to buy at downtrend. But yesterday i believe lot of ppl not dare to buy at 15 when goes to price 15 unless those could take risk may bought yesterday..today morning huat dy
Karen cheng, yes.. dow jones increased, just market still unstable affected. Long term invest should no problem. Still will boost up just slower than last mth only :)
