HARTA Stock Forum

The U.S. crackdown on Chinese gloves – is there finally a glimmer of hope for Malaysian glove stock, TOPGLOV? Investors should still monitor the situation closely.
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$TOPGLOV (7113.MY)$
$HARTA (5168.MY)$
$KOSSAN (7153.MY)$
$SUPERMX (7106.MY)$

$HARTA (5168.MY)$
KUALA LUMPUR: The Malaysian Rubber Council (MRC) has projected that the exports of rubber and rubber products could exceed RM30 billion by end of the year.
This was based on the performance in the first half of 2024 (1H2024).
"This strong outlook is supported by the sector's impressive 1H2024 results, which highlight the industry's resilience and ability to adapt to global market trends," MRC said today.
In 1H2024, Malaysia's exports of rubber and rubber products rebounded si...

$HARTA (5168.MY)$ since hitting its limit up price, it took a little hit and retraced back towards the RM 3+ main support levels and was able to swiftly rebound from there.
So far seems to have formed its higher low regions during last week already and if able to sustain above its RM 3.05 support, could continue on towards and beyond the RM 3.20+ regions soon for an uptrend continuation pattern.
Support: RM 3.10, RM 3.02 areas
Resistance: RM 3.15, RM 3.20 area...

$HARTA (5168.MY)$
I really liked this  glove counter! Definitely planning to buy more and keep it for the long haul.

$HARTA (5168.MY)$ as long as 3.00 can hold then we will see whether it can trend up

$SUPERMX (7106.MY)$ $TOPGLOV (7113.MY)$ $HARTA (5168.MY)$ $KOSSAN (7153.MY)$ Looks like a one day show as the day it went up, it was already showing weakness as many take the opportunity to offload the sudden profit spike.

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Both the U.S. and Bursa Malaysia markets experienced volatility amidst global economic uncertainty and investor caution ahead of the U.S. Federal Reserve’s expected interest rate cut. While the U.S. stock market saw declines, Bursa Malaysia ended lower as well, with losses driven by various sectoral pressures.
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U.S. equities closed lower on Wednesday, with $Dow Jones Industrial Average (.DJI.US)$ falling b...