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those who bought at 1.80 and above would be a challenge to break even. better hold and reduce losses when esceramic up back to around 1.50 with better results in coming quarters. unless there is another panic buying n goreng, fundamental wise gonna be difficult for it to go back to 1.80.
never all in, always leave some capital to average down as insurance. the way I see, this share wont go up high, because too many stuck will try to minimize their losses
i do cut loss at beginning , and bought back at lower price lol .
i cut loss about 8k, and earn back about 3k today sell at price 81 sen . . this is how u should maximize your risk and profit . hope it help .
don't be happy first. it just follow the rest of the glove counters. it won't hit limit up for few days as before. let's say it goes up every day for 0.05 for the next 4 days, it only would reach rm1. rm1.80-rm2 is still long way to go and only limit up can achieve it. be prepare to keep for another 4-6 months.
For me as pandemic is still there, so nothing to worry about all these hc counters as long as u buy in already, then jz hold only, price will up again for middle term, no cut lose=still gt hope, but if cut lose=totally lose
I also sold most yesterday and sold all today. reduce losses as I also got trapped above 1.80. these two days could be dead cat bounce. wait for the next buying opportunity. overall I still made 10k profit from this counter as I have played few rounds and started to buy when it was trading around 0.5. just these two weeks it took back 10k from me.