Observation from Chart:
CIMB (Bursa: 1023) forming lower high & lower low.
Will it breakout downtrend resistance line?
Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K on BUY call itinerary.
Immediate resistance @ RM3.15 level
Subsequent resistance @ RM3.30 level.
Immediate support @ RM3.00 level.
If break RM3.00 support, lower low is confirm. Downtrend may resume.
Let's watch closely Disclaimer
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