Better late than never ๐
$CREST (0323.MY)$ is currently trading below previous lows @ 0.29-0.31 area โ still waiting on inflows and buy orders to flood in to gain upwards momentum. Seems unlikely to close the week above nearest high of 0.36.
Truly a waiting game indeed. Fundamentally, nothing has changed. Itโs a solid company with competent leadership in a strong industry with a favourable outlook.
Considering price failed to break above 0.36, personally expecting price to either go sideways or collect more buy orders liquidity below 0.29 โ at least until earnings report / dividend announcement (probably in Dec?)
Until then, probably best to (1) cut loss and reenter when thereโs more buy sentiment (and liquidity) or (2) hold and average down considering youโre bullish for this company in the long term; fyi thereโs a lot of scalability in terms of price as the previous IPO holders are probably still yet to realise their gains/losses
Only time will tell.
Until then, be smart: donโt be liquidity.
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