CIMB GROUP HOLDINGS BERHAD
Observation From Chart:
14 Mar 2012, CIMB retest strong resistance RM7.40 level.
Will it break through the resistance?
Other indicator:-
1. MACD trade at positive region, uptrend sign.
2. Stochastics %K already trigger BUY call.
High probably will break through RM7.40 level.
Subsequent resistance @ RM7.55 level.
If retrace down, RM7.20 or MA20 would be immediate support.
Let's watch closely.
Observation From Chart:
14 Mar 2012, CIMB retest strong resistance RM7.40 level.
Will it break through the resistance?
Other indicator:-
1. MACD trade at positive region, uptrend sign.
2. Stochastics %K already trigger BUY call.
High probably will break through RM7.40 level.
Subsequent resistance @ RM7.55 level.
If retrace down, RM7.20 or MA20 would be immediate support.
Let's watch closely.
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