Friday, September 11, 2020

Technical Analysis Sept 2020: CIMB (Bursa: 1023)



CIMB GROUP HOLDINGS BERHAD

Observation from Chart: 

CIMB (Bursa: 1023) forming double bottom @ RM3.13 level ?

Will it bullish reversal?

Other indicator:- 
MACD trade at negative region, downtrend sign.
Stochastic %K pending trigger BUY call.

Immediate support @ RM3.13 level. 
Subsequent support @ RM3.00 level. 

Immediate resistance @ RM3.36 level 
Subsequent resistance @ RM3.42 level. 

Let's watch closely Disclaimer

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