Tuesday, September 19, 2017

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.

1 comment:

  1. BNM reserves Finance 7.7 months of retained Imports and is 1.1 times the short-term External Debt!

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    ReplyDelete