Gained > 8% since the first post about Karex on 15/7. Another wave coming soon? It won't be my EP at this moment, as still OS. Let it build the momentum. Maybe happen anytime begin next week onwards. Let see what happen next. To follow up again. Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's...
Looking for the base. Has this sexy able to find it?
Karex as world largest condom producer + main “supplier” for Durex.. Some “compare” it with glove stock. E.g topglove. As both are the “biggest player” of “rubber”products..One should have the “same fate” of the others. Just 1 question. Does human need “standard SOP/ protocol “ during sex activities.. Or “condom” or “gloves” is a “ must/need”?...
Buying Checklist Daily TF 1. Bank accumulation exists. 2. Stochastic bullish divergence. 3. Price cross above EMA6 1H TF 4. MidBB cross EMA50. 5. Momentum Buy (Price close outside BB) 6. Stochastic Bullish continuation divergence. Why entry now? Because 1H stochastic is oversold! According to HongLeong Investment Bank (HLIB), they target the fair price value...
As we can see the candle seems like losing the volume already (candle become smaller) .Possible for long if there are reversal signal or double bottom pattern form at support area . SL after break support and TP at nearest resistant to be safe.
Immediate Support Zone: 0.66-0.70 Immediate Resistance Zone: 0.80-815 Look for the entry opportunity near to Support Support zone by Using VT Stoch. indicator Forecast next quarterly report to be release around end Nov 2020 will be further improved. (Disclaimer: for demonstrate own planned trade records study only and education purpose, not for recommend to buy...
Up, hope for the next week Quarterly result. (Disclaimer: for demonstrate planned own trade records study only, not for recommend to buy or sell)
Karex Bhd, the world’s top condom maker, said it has converted two of its lubricant lines to make hand sanitisers after requests from medical customers. They try it from small amount, but for sure it will be a consistent supplies in the nearest days. Forecast the business trade will be trying hard to break the resistance. And if the resistance is broken, consider...
Price is maintaning above 50ma on Daily Chart and forming consolidation in 30mins Chart. Can start to collect at 0.42-0.41 area. Cutloss below 0.405 and first take profit target is at 0.45.
Karex bottoming and ready for long term ride
We can see after minor weakness kick in on global last week, a quick rebound took place. Might expecting more upside on global next week. However, do take note next week a lot of high impact news (such as UK Election, FEDrate ) which might hinder the bullish momentum or if better, giving indices a boost if outcome is favourable to the market. As for KLCI, retested...
KAREX - Bearish engulfing candle formed upon touching MA50, signalling strong resistance at this level, immediate support at 0.43. The stock is still in big bearish trend, volume is thin, rebounding indicators may have hard time pushing above since trend is bearish. So good to avoid.