CHB Support and ResistanceThe stock is currently trading at 0.845 MYR, up 0.010 (+1.64%).
Key technical indicators visible:
Moving averages (multiple SMAs: 10, 20, 50, 200)
Trading volume (Vol 20: 631.7K)
Several buy/sell signals on the chart
The chart shows a recent trading range with:
Current price: 0.845
Target price appears to be 0.955 (+29.6%)
Stop loss set at 0.755 (-11.6%)
Risk/Reward ratio: 2.68
There's an open position with quantity of 2,105 shares.
The chart displays price action over several months from approximately February 2023 to May 2025, with multiple buy/sell signals marked along the price movement. The stock appears to have experienced some volatility, with significant price movements in June-July and September-October periods.
CHB trade ideas
CHB, chanel can support?>> Stochastic and RSI at OS area.
>> EMA 20 can support?
>> Once broken parallel channel may become ugly.
>> Nearest potential rebound at 560 area.
Let see how market react.
When the market moves where, and how, and if - these are all unknown. The only thing which we can control is our risk. Focus on risk management!
Keep the long term vision.
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.