CIMB GROUP HOLDINGS BERHAD
Observation From Chart:
CIMB have been retrace down from RM9.00
On 26 July 2011, CIMB retest MA100 support level, which is RM8.35
Will it rebound?
Other indicator:-
1. MACD start moving toward negative region, it might start downtrend.
2. NO reversal candlestick been formed.
3. RSI & Stochastics %K at oversold stage, no trigger buy call yet.
Let watch closely for entry opportunity.
Disclaimer:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!
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