SUPERMX - should we expect big bull next week?
The price has been testing RM17 support for few days since Monday, but it looks like a very strong support for this week.
Covid19 threat has been giving indication that it might hit our country for the second time (no thanks to stubborn Malaysian who did not follow SOP & foreigners for bringing Covid19 to our country).
Outside Malaysia, (US, Australia, Philippines, etc) it did not get any better.
Eventhough MACD line looks like a crossdown will happen (this will confirm downtrend), but it can still deviate given heavy buy on Monday.
OBV still looking good, big investors still there.
Careplus declared big profit, the same or better is expected from Supermx.
Covid19 threat has been giving indication that it might hit our country for the second time (no thanks to stubborn Malaysian who did not follow SOP & foreigners for bringing Covid19 to our country).
Outside Malaysia, (US, Australia, Philippines, etc) it did not get any better.
Eventhough MACD line looks like a crossdown will happen (this will confirm downtrend), but it can still deviate given heavy buy on Monday.
OBV still looking good, big investors still there.
Careplus declared big profit, the same or better is expected from Supermx.
Kommentar:
we got some today... more to come!