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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