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Daily Trading Stocks - CIMB Group Holdings Bhd

kiasutrader
Publish date: Mon, 10 Sep 2012, 09:34 AM
CIMB  may  well  rebound  after  holding  above  RM7.50  for  the  past two  days.  A  purchase  can  be  made  on  a  close above last Friday's high of RM7.60, with a close below last Friday's low of RM7.40 as a stop-loss. The price target is RM8.50, provided that  the recent high of  RM8.00  is  violated.  Failure  to  stay  above  RM7.50  will  likely  see the stock lower. Support is seen at RM7.15.

Source: OSK
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