After 6 consecutive days of red candles, it looks like Tuesday is the turning point for MYX:COMFORT Look at the sentiment that affecting across the glove sector: www.theedgemarkets.com With the rise of second wave of Covid19 in US and China, will this push glove counters upward?
CONNECT gain more than 100% last week. Personally I found nothing interesting except price action, but there are some talk about about MyEG and S5. And also some warning about sharks unloading their hold this week. After huge increase last week, there might be some pullback, expect at 3.00 (based on daily chart). I would not dare to pick on the first tick today,...
AT is a industrial automation provider. It gain attention in Covid19 after indicating to Bursa that it wish to acquire Pearl Glove. Read here . Last week US Fed announce the second wave of Covid19 infection after some states loosen the control. Ref here . Vaccine is expected within 12-18 months, long way to go. PPE, gloves and face masks maker will be kept...
Let us look at the support line at 7.67 tomorrow. If not broken then it will rebound. But it's SUPERMX. What counters stay strong during Covid19?
There are some valid reasons to get fearful on how COMFORT perform lately, especially today. One of the reason for big pullback is statement by Federal Reserve of US that the economic recovery will take a long way to go at least until end of 2022. At the same time Fed also warn of second wave of Covid19 infection. Which means we need a lot more PPE, more gloves,...