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SUPERMAX CORPORATION BHDSUPERMAX CORPORATION BHDSUPERMAX CORPORATION BHD

SUPERMAX CORPORATION BHD

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SUPERMX trade ideas

Supermx, will it be Superman?The resistance around the 1.27 level is quite evident. Currently, the stock appears to be in an overbought condition, with the price closing below its moving average. This raises the possibility of a healthy pullback, but there's also a chance that selling pressure could intensify soon. While others may be focusing on potential dividends and bonus issues, I personally prefer to capitalize on price movements for profits. It's important to invest and trade based on your own strategy and preferences, staying focused on what aligns best with your goals. Disclaimer: The mentioned stocks are based solely on personal opinions for educational and discussion purposes only. There are no buy or sell recommendations. Trading involves financial risk, and you are responsible for your own decisions. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the information contained herein.
MYX:SUPERMXShort
by DSELE99
Supermx. Why it already @ multi year “bottom”? 7/Nov/22.Supermx. “Why” its stock price having “high probability “ @ multi years “bottom”?! The “answer” lie within this “bunches of” ema crossover! BUT it’s not “a simple” so called ema’s crossover / ema’s act as support/resistance “ strategies. You got to “see/check” stock’s price “whole pic” from yearly to 1 min chart..It might take you > 10 years / 10k hours to find the answer as I did. EMA is the ONLY indicator I still keep it now to “confirm my entries on the empty right space of any chart” after “trial and error/ back testing,super” few hundreds even thousand indicators/system. You probably won’t see my past analysis with “bunch of ema’s” because it “look messy” as “most expert traders” will tell you try to keep your chart “ as simple as possible “..But to be honest there is nothing is “simple” chart in trading. As a “simple ema system” is not just a “simple” ema crossover/support/resistance strategies”... Those “master traders” said so because only they have tried hundreds if not indicators but system only they could come into “zen / zone” stage by “throwing” unnecessary staffs. But novice will learn the piece by piece only by reading “simple chart”..Tips : Always try to “discover” with why/ how.. As human’s most “inventions” get inspired by “discovery/ explorations” ..To have “discover” new things Once a while we need to break the rules. E.g. The world “most laws/rule/standards protocols” is set by westerners so to have “innovative ideas” we must “break their rules” once a while as they break their own ancestors’s “rules”..
MYX:SUPERMX
by SteveTan
Supermx. Finding its ying/Yang force with channel. 14/July/22.Supermx. Today I gonna “bullsxxxing” a “myth” about ying ( seller force ) , Yang ( buyer force ) AND neutral force ( median line of parallel channel) again “represented” with parallel channel. P/s Since tradingview “free user” don’t have enough data feed. I have to “superimposed image” by using 3rd party apps to have more “history data” for “whole view” of its chart where it is still publishable in tradingview.
MYX:SUPERMX
by SteveTan
The 4 Kings of Glove: When Will They Reverse The Downtrend?Market Analysis The 4 Kings are TOPGLOV, SUPERMX, KOSSAN & HARTA: (not to be confused with Andy Lau, Leon Lai, Aaron Kwok & Jacky Cheung) Fundamental good stocks with strong revenue and cash positions. However, those that chase these heavily promoted stocks at the high side would really need to hold long term in order to recoup. Not sure when it will happen though. Line chart shows the average price of all the 4 Kings. So many bad/negative news (examples) despite good earnings drove the downtrend. Never fight the trend! nor matter what. When it rains, it pours like crazy... 1. Export got blocked by US custom borders for labor practices 2. Failing ASPs 3. Possible more windfall tax (not a really good idea as this will scare off future foreign investors to our country. They are legitimate business, no point to punish them for running a business and making a profit. Even though the profit is super bountiful due to covid19. Heck the glove industry already "donated" like RM500 million previously) 4. Closure of factories due to their workers getting infected by Covid19 5. More competition for folks that jump into glove making bandwagon (i think this will be a disaster for those new entrants once demand drops to pre-covid numbers. Just take a lesson from face masks. At one point, a box of face mask was selling up to RM50/70/100. Now, you can even buy a box at <RM5 at Shopee from China Sellers.) 6. Increase of raw material prices (latex and oil). Oil prices have been on a tear , but unfortunately our oil related counters are not trending upwards. (another story) 7. Heck even our EPF is borrowing out the shares for shorters (SBL). 8. The doctor or nurses do not use any glove when administrating vaccine to the general public (yes, i personally see this when taking the vaccine at PPV) 9. Whatever negative news that might churn out to explain the downtrend. In the end : The markets are controlled by the big players. Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
MYX:SUPERMXShort
by Gilazilla