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Good results. 👍  
 
38 sen myr which is ard 12c sgd dividend propose......
I suspect shortist n value hunters the main struggler these few days as market turbulent n result releasing factor in.
PhillipTan ( Date: 22-Feb-2022 15:05) Posted:
Traders, value hunters, long term investors and shortists
Eternal struggle between the 4 forces
 
marco69 ( Date: 22-Feb-2022 13:31) Posted:
There are struggle between traders n value hunters.
By right this stock shld follow the market negative sentiment but can tell value hunter also accumulate for possible good dividend annouce on the result which will be this week.
RS already move off from industry trend away fron the rest of the glove stocks.
Overall better sentiment been accumulate compare to other PPE stocks IMHO.... |
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difficut to short cos the spread very thin.. dont throw away hardearned money..
 
marco69 ( Date: 22-Feb-2022 14:27) Posted:
| Usually these kind of market downturn day, expect near end of the day to recover to certain degree if never drop much as shortist in work. Position cover before trading session end. |
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Traders, value hunters, long term investors and shortists
Eternal struggle between the 4 forces
 
marco69 ( Date: 22-Feb-2022 13:31) Posted:
There are struggle between traders n value hunters.
By right this stock shld follow the market negative sentiment but can tell value hunter also accumulate for possible good dividend annouce on the result which will be this week.
RS already move off from industry trend away fron the rest of the glove stocks.
Overall better sentiment been accumulate compare to other PPE stocks IMHO.... |
|
Usually these kind of market downturn day, expect near end of the day to recover to certain degree if never drop much as shortist in work. Position cover before trading session end.
There are struggle between traders n value hunters.
By right this stock shld follow the market negative sentiment but can tell value hunter also accumulate for possible good dividend annouce on the result which will be this week.
RS already move off from industry trend away fron the rest of the glove stocks.
Overall better sentiment been accumulate compare to other PPE stocks IMHO....
every run up is oppotunity for people to unload.. unless got high volume.. need to be numble.. dont buy alrready win.. trade wityb care.. HUAT..
easywin ( Date: 22-Feb-2022 10:36) Posted:
Very heng, yesterday did not enter now can buy much more cheaper.
eric998 ( Date: 21-Feb-2022 16:46) Posted:
| breakout play.. either breakup to high maybe try 765 to 820..or breakdown.. selling pressure now at 765..  |
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Very heng, yesterday did not enter now can buy much more cheaper.
eric998 ( Date: 21-Feb-2022 16:46) Posted:
breakout play.. either breakup to high maybe try 765 to 820..or breakdown.. selling pressure now at 765.. 
easywin ( Date: 21-Feb-2022 16:30) Posted:
| Very Tempting, but dun know last minutes sell down or not? |
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SELL........ War looming
breakout play.. either breakup to high maybe try 765 to 820..or breakdown.. selling pressure now at 765.. 
easywin ( Date: 21-Feb-2022 16:30) Posted:
| Very Tempting, but dun know last minutes sell down or not? |
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Very Tempting, but dun know last minutes sell down or not?
For the few cents gain, I rather wait for it to crash upon any wrong moves by the armies stationed at Europe now and maybe wait out till after the rate hike has been hammered down with a nail.
aspasp ( Date: 21-Feb-2022 15:10) Posted:
| Most of the glove stocks are down today but not RS |
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Most of the glove stocks are down today but not RS
yes, no buy means earn already.. make less better than make loss... volume low for many stocks.. HUAT
Tracer63 ( Date: 21-Feb-2022 13:57) Posted:
| Most stocks are yoyoing within a tight range of a few cents...... not worth the risk |
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Most stocks are yoyoing within a tight range of a few cents...... not worth the risk
Having said that, Ukraine crisis and upcoming March interest hike is putting a lid on most stocks. It may also send stocks in the reverse gear so be careful. Stay sidelined if you wanna a safe bet.
Tracer63 ( Date: 21-Feb-2022 13:00) Posted:
| RS attempting to break out soon |
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usually not successful in breaking up.. opportunity for those who loaded at low to clear stock.. HUAT..
Tracer63 ( Date: 21-Feb-2022 13:00) Posted:
| RS attempting to break out soon |
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Indeed closing above 760 will confirm the breakout with next resistance at 825. Seems like something is brewing. Dyodd.
Tracer63 ( Date: 21-Feb-2022 13:00) Posted:
| RS attempting to break out soon |
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Some people sold very big months ago. I think sold price were average 0.77 and above.
Now the ones like us absorbed those.
Downside is limited.
If valuation of RS changes after result, there will be a repricing of market price.