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.
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