Technical Analysis Sept 2017: CIMB (1023)
CIMB GROUP HOLDINGS BERHAD
Observation From Chart:
CIMB retest RM6.24 support level ?
Will it rebound?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastics %K on SELL call itinerary.
Immediate resistance @ RM6.50 level.
Subsequent resistance @ RM6.80 level.
Immediate support @ RM6.24 level.
Subsequent support @ RM6.00 level.
Let's watch closely for opportunity.
BNM reserves Finance 7.7 months of retained Imports and is 1.1 times the short-term External Debt!
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