CIMB GROUP HOLDINGS BERHAD
Observation From Chart:
CIMB formed double bottom @ RM7.28 level.
How high will it go?
Other indicator:-
MACD moving toward positive region, uptrend sign.
Stochastics %K still on BUY call.
High probably will retest immediate resistance, RM7.90 level.
If retrace down, MA50 would be immediate support level.
Subsequent support @ MA20 level.
Let's watch closely.
Wednesday, October 10, 2012
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