CIMB GROUP HOLDINGS BERHAD
Observation From Chart:
CIMB is trading within tight range swing from RM8.11 to RM8.31 & forming Bolinger Band Squeeze.
As 31 May 2011, CIMB retest RM8.40 strong resistant level.
Before this, it have been attempted a few round unable break up this level BUT retrace down.
How about this round? Will it able break above this level?
If able break up this level with huge volume, it might be retest RM8.82 level high soon.
Let watch closely for entry opportunity.
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!