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Ohhh you didn't watch the news don't you?Russia announced world's first vaccine ready.It might be a hoax but definately it will affect market sentiment.
I buy this counter since early April.Took 2 time profit and last go out was 1.8 when bank margin call for gloves counter.After margin call,i see no significant volume supporting this counter anymore and alot of fake support volume there.Happy trading.Wish all making money from investing.
Look at Comfort over 4billion capacity for gloves and their pre covid 19 price is around 70c.HLT got 55% share in HL Rubber industries which is 1b capacity.And about the rubber dipping stuff you think they can operate and sell to other gloves company in Jan-March period?Even there got order in Jan-March but those metarial come from where?if is China then sorry China lock down from end of Jan to early of March.Q1 report you might not see good report or maybe in red but q2 should be better.
for me today still volatile to collect it,wait it stable.haven't hit lowest low.If you have more funds,switch to blue chip counter IE banking.All support price you see in careplus are not supoorting at all and easy to press down.Now you see it rebound is actually from contra player and it will continue down in second half..just my 2 cents and i might be wrong not buy/sell call.
Shark are not leaving,they are collecting more at lower price to push another round for 2nd qr.most gloves counter already posted 1st qr but not this counter.
