CHHB, example one of the reason why I avoid OS counter
Updated
"Having missed the 29 Feb 2024 deadline to release its fourth quarter ended 31 Dec 2023 (4QFY2023) results, *Country Heights Holdings Bhd* (CHHB) is likely to be slapped with a trading suspension. (The Edge Malaysia)"
TA wise...
>> Below Hull MA (blue cloud)
>> Stochastic & RSI are OS. OS doesn't means good to collect, it may indicate that it's at best buy area. And it could be cheaper as well.
Do trade as per own set-up. It may help in your own trading style. If traders themselves don't believe their own trading plan, who else woll?
Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.
TA wise...
>> Below Hull MA (blue cloud)
>> Stochastic & RSI are OS. OS doesn't means good to collect, it may indicate that it's at best buy area. And it could be cheaper as well.
Do trade as per own set-up. It may help in your own trading style. If traders themselves don't believe their own trading plan, who else woll?
Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.
Note
It continue OS and dropped -18% since 4/3/2024.
"Buy red sell green" doesn't work in this counter.
Do remember, discounted item may continue promo too.
Potential trade? Yet to see any reversal.
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