CIMB GROUP HOLDINGS BERHAD
Observation From Chart:
Since July 11, 2012, CIMB trading between RM7.78 & RM7.95 level.
When will it break through the bolinger band squeeze?
Other indicator:-
1. MACD trade at positive region, uptrend sign.
2. Stochastics %K already trigger BUY call, pending confirmation.
High probably will break through immediate resistance MA20 level.
Subsequent resistance RM7.78 level.
If retrace down, RM7.78 would be immediate support level.
Let's watch closely.
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