Thursday, May 31, 2018

Technical Analysis May 2018: CIMB (1023)


CIMB GROUP HOLDINGS BERHAD 

Observation From Chart:

CIMB retest strong support level, RM5.90.

Will it rebound?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastics %K oversold, pending trigger buy call.

Immediate resistance @ RM6.20 level.
Subsequent resistance @ RM6.56 level.

Immediate support @ RM5.72 level.
Subsequent support @ RM5.50 level.

Let's watch closely for opportunity.

Monday, May 28, 2018

Technical Analysis May 2018: YTLPOWR (6742)


YTL POWER INTERNATIONAL BHD 

Observation from Chart:-

YTLPOWER forming lower high & lower low.

Will it breakout downtrend resistance level ?

Other indicator:-
MACD at negative region, downtrend sign.
Stochastic %K on BUY call itinerary.

Immediate resistance @ RM0.86 level
Subsequent resistance @ RM0.90 level.

Immediate support @ RM0.73 level.
Subsequent support @ RM0.70 level.

Let's watch closely.