Technical Analysis Dec 2015: CIMB (1023)

CIMB GROUP HOLDINGS BERHAD 

Observation From Chart:

CIMB forming double bottom @ RM4.45 level ?

How high will it rebound?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastics %K @ SELL call.

Immediate resistance @ RM4.60 level.
Subsequent resistance @ RM4.70 level.

Immediate support @ RM4.50 level.
Subsequent support @ RM4.45 level.

Let's watch closely for entry opportunity.

Technical Analysis Dec 2015: OCNCASH (0049)

OCEANCASH PACIFIC BHD (0049) 

Observation from Chart:-

OCNCASH is rebound from support level.

Will it breakout resistance & go higher?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K trigger BUY call.

Immediate resistance @ RM0.46 level.
If succeed breakout RM0.46 resistance level, higher high is confirm. Uptrend will resume.

Immediate support @ RM0.43.
Subsequent support @ RM0.40

Let's watch closely.