Fool Trader KLSE Research

Stock Overview - CIMB - 23 Mar 2012

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Publish date: Fri, 23 Mar 2012, 09:22 AM
CIMB ( 1023 : 7.62 ) : Targeting 8.16

Description

Resistance : 8.16
Support : 7.40

RSI of 65
RSI remains on uptrend

STOCHASTIC
It is on an upswing

TREND INDICATOR
Comment
Following the recent consolidation breakout, it is targeting 8.16. Stop loss should be placed at 7.40

Trading Strategy
Buy. Stop loss is at 7.40

Source: Jupiter Securities Research 23 March 2012

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