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 is the main factor for generating trading tips for share market.
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Market forecast for KLCI
ReplyDeleteThe KLCI market is expected to trade sideways in coming session, however the two levels of 1670 and 1650 are
important and if the market cross the level of 1670 again then it will trade with bullish sentiments in coming trading
session.
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