Sealink saw 61 million shares changed hands on Monday 23 November. A very clear sign of buying interest from the big funds. Don't lose the opportunity to enter at 0.16 and sell at 0.20. Cut loss by 0.15.
As of writing BRENT is steady at USD44+. If this continues for the next 2 week, we may see UZMA to start an early stage of up trend. Rebounds at 0.46 gives the confirmation of the up trend.
Due to the volatility of the crude oil, I would suggest for a quick trade with EP at 0.48, TP at 0.54, CL at 0.46 that easily gives you 3R.
Cut loss as soon as you can. Don't...
Glove counters in Bursa Malaysia have seen the selling pressure since the development of vaccine news. CAREPLS is in much immense pressure since the P/E ratio is at the high side (P/E = 45) as of 18 Nov 2020 compares to the other big counterparts (Topglove, Supermax, Hartalega etc.)
We may see the price to go as low as RM1.90, that becomes the long term support...