Technical Analysis Feb 2023: CIMB (Bursa: 1023)

CIMB GROUP HOLDINGS BERHAD

Observation from Chart: 

CIMB (Bursa: 1023) forming ascending triangle pattern.

Will it rebound at triangle support level? 

Other indicator:- 

MACD trade at negative region, downtrend sign. 

Stochastic %K at oversold stage.

Immediate resistance @ RM5.52 level 

Subsequent resistance @ RM5.65 level. 

Immediate support @ triangle support level.

Subsequent support @ RM5.10 level.

Let's watch closely Disclaimer

Technical Analysis Feb 2023: BETA (BURSA: 0263)

 

BETAMEK BERHAD (0263)

Observation From Chart:- 

BETA forming "U" pattern. 

Will it retest RM0.75 resistance level? 

 

Other indicator:- 

MACD trade at positive region, uptrend sign. 

Stochastic %K on BUY call itinerary. 

Immediate support @ RM0.57 level. 

Subsequent support @ RM0.53 level. 

Immediate resistance @ RM0.75 level. 

Subsequent resistance @ RM1.00 level.

Let's watch closely Disclaimer.

Technical Analysis Feb 2023: GENS (SGX: G13)

 

Genting Singapore Ltd 

Observation from Chart: 

GENS (G13) forming ascending triangle pattern.

Will it breakout & go higher?

Other indicator:- 

MACD trade at positive region, uptrend sign. 

Stochastic %K at BUY call itinerary. 

Immediate resistance @ $1.02 level. 

Subsequent resistance @ $1.08 level. 

Immediate support @ asecending triangle level. 

Subsequent support @ $0.97 level. 

Let's watch closely Disclaimer.