Latest Forum Topics /
Riverstone
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RIVERSTONE HOLDINGS LIMITED
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NT1825
Master |
07-Jan-2021 12:43
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Yesterday trade volume was 3.8M Volume today so far 1.834 M, got 4 hours to go. Volume may reach 4.27M at close, higher than yesterday. |
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zandlery
Supreme |
07-Jan-2021 12:36
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Vaccine news effect already cool down and reality struck back. The application of the vaccine will be with lots of issues. That is a fact and that' s why report been showing demand of medical PPE will be high till next year. So what are next down the road which will affect glove stock? Messiah appear and give miracle? |
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investor999
Elite |
07-Jan-2021 12:31
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This type of price movements often sudden with low volume but has drastic effects on CFD holders | ||||
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investor999
Elite |
07-Jan-2021 12:28
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It's CFD buying and selling are limited until people put money in
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wavehunter
Supreme |
07-Jan-2021 12:13
Yells: "Trade what you see, not what you hope to see." |
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Yes. There is a logical explanation for lack of buying interest. The boy who cried wolf. How many times have this stock attempted to rally but nothing came out of it ? It turned out to be a false alarm. Hence the story of the boy who cried wolf. So when the " alarm" goes off that a " bull" is coming, people are wary and so they dont chase this so called " bull" . Naturally, they are scared that instead of a real bull come, what comes is a bullshit instead. And some would have bought in one or more of these earlier bullshit attempts to rally. So for these people who chased and kena conned, once bitten twice sibeh shy leow.  
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SGPhantom
Master |
07-Jan-2021 12:04
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My concern is the volume, which has suddenly dissipated.
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Longtermer
Elite |
07-Jan-2021 10:34
Yells: "A disciplined investor is a wealthy investor" |
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Agree, relax and be steady.. sshh. All glove n medtecs companies results coming soon.  
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3DecadesTrader
Veteran |
07-Jan-2021 10:33
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Bro/Sis ss2017, don' t address me as " Sir" leh, i very paiseh one lah.   lollllll
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ss2017.
Supreme |
07-Jan-2021 10:32
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Yes,Sir.
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3DecadesTrader
Veteran |
07-Jan-2021 10:30
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@ss2017, Bro/Sis,   don' t bother to disagree lah, relat & ensure this discussion thread falls out of the Top 10 Most Discussed Thread Chart & surprise!   lolllllll
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ss2017.
Supreme |
07-Jan-2021 10:24
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Disagree, You would be wrong again my friend.
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wavehunter
Supreme |
07-Jan-2021 10:12
Yells: "Trade what you see, not what you hope to see." |
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Opened at 1.23 and then traded to the downside and broke below 1.21 to reach 1.18. Now 1.20 : 1.21. A closing below 1.21 will mean her trading range has shifted back down to 1.06 to 1.21. Psychologically, this type of price action is not good for the bulls. The price action is reinforcing the boy who cried wolf story as well as the once bitten twice sibeh shy syndrome, both of which have a dampening effect on would-be bulls and undecided bulls. And those who chased at 1.22 to 1.26 last two days are NABEHing now.   |
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ss2017.
Supreme |
07-Jan-2021 09:58
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Not to worry, price correction for medical PPE is healthy. It will come back up.
The world needs medical PPE UK 60% new cases came from new variants. This covid-19 virus is very intelligent.
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3DecadesTrader
Veteran |
07-Jan-2021 09:57
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no need to worry lah, go order some popcorn, make dracona kopi & drink while sitting back to relat lah. lolllll | ||||
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NT1825
Master |
07-Jan-2021 09:53
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Message is medical PPE is still relevant and not be shot down to their knees Investors too have relatives and friends who work in clinics, hospitals and medical frontlines. How to they feel when financial sector quotes ~medical PPE is over~ Please spare a thought. These friends and relatives are still fire fighing to save lives. They still need the backing of the medical PPE industry。 |
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wavehunter
Supreme |
06-Jan-2021 16:37
Yells: "Trade what you see, not what you hope to see." |
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Wont be good technically if she breaks 1.21 and close lower.  Wont be good psychologically as well as it will reinforce the doubt and fear of those who are thinking of buying but are hesitant due to the boy who cried wolf lesson learnt and the once bitten twice sibeh shy syndrome.  Can the bull goalkeeper at 1.21 keep the bear strikers at bay and save or deflect every shot taken at his goal ? Hearing continues. .
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investor999
Elite |
06-Jan-2021 16:23
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If I make a prediction ( borrowing from sparrow999 ) I predict that RS is on a uptrend. It doesn't move in a straight line ( according to wavehunter) Better scoop more with bull dozers ( fatpanda) | ||||
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nqing87
Supreme |
06-Jan-2021 16:22
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first, getting 90% ppl vaccinated in these developed countries are quite difficult, as there will definitely be more than 10% of the ppl not wanting to get vaccinated for fears of vaccine safety.. next, even if all ppl are willing to get vaccinated, the vaccine immunity period is not known, and it is unknown whether the vaccine can tackle new mutations or not.. if we need to tweak the vaccine or re-inoculate the vaccine cos immunity period is over, then that means we need to keep on vaccinating ppl for prolong period until covid dies down.. we live in a globalised world.. as long as there is a single case of virus, it will spread to the rest of the world.. the developing countries like india, brazil are also contributing to lots of cases.. we cannot say the rest of the globe is not critical, unless u decide to ban the rest of the world from travelling other than the develop countries.. there are about 78 countries right now with more than 100k covid cases.. unless covid somehow die down miraculously like SARS, or it mutates to a less fatal strain with fatality rate comparable to flu, such that ppl no longer fear covid, then this covid situation will persist.. we can only hope that covid will mutate to a less dangerous strain.. cos basically covid will not disappear even with vaccine, just like flu where we have vaccines.. the world will probably have to increase our benchmark of risk appetite, such that we will be force to accept the 2% fatality rate from covid and get on with our daily lifes.. this is a more likely situation to occur where we accept covid as part of our lifes, and take the risk of higher chances of dying, otherwise things just cant move on
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nqing87
Supreme |
06-Jan-2021 16:05
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glove demand has always increase throughout the years with the exception of 2011 when H1N1 fears subsided.. this is simply due to our growing population.. the question is actually not about whether demand is high or not (cos demand will always increase in long term with population increase), but it is about whether supply exceeds demand.. if glove makers make a wrong prediction on glove demand and expand too quickly and supply too much gloves to the market, then the glove price will fall with supply exceeding demand.. over so many years and experiencing few global viruses/diseases crises such as SARS, MERS & H1N1, covid is definitely something different and major from the rest of the virus, and we cannot simply think that the demand/supply and ppl behaviour will follow the precedent cases.. back in those days of SARS, MERS & H1N1, we dont even have the thought of vaccinating global population, locking down ppl, banning travelling, and the prices of gloves/ppe have not sustain at high prices for such prolong period of time.. this is simply cos covid is just one whole new level up.. i think it is naive for ppl to think that the world will return to pre-covid level in 2021 or even 2022
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investor999
Elite |
06-Jan-2021 15:49
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I have already posted that RS is on reversal ever since it hit 1.08.
So this up is no surprise to me.
How it pan out depends on traders who die die must get money out from market.
Any monkeys? I believe there are alot of little 🐒 playing musical chairs.
So volume not much but price move alot.
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