Monday, August 22, 2011

Technical Analysis Aug 2011: CIMB (1023)


CIMB GROUP HOLDINGS BERHAD

Observation From Chart:

On 22 August 2011, CIMB retest RM7.77 support level.

No reversal candlestick been form.

High probably will retest subsequent support, RM7.65 & RM7.47 level.

Other indicator:-
1. MACD at negative region, downtrend sign.
2. Stochastics %K 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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