RHB Retail Research
Trading Stocks- CIMB Group
CIMB Group has been showing signs of developing a potential minor sideways consolidation over the past three sessions around the 21-day SMA line. An upside breach of the MYR3.74 mark could signal a positive bias, with resistance levels eyed at MYR3.88 followed by MYR4.00. A stop-loss can be placed below MYR3.68.
Source: RHB Securities Research - 13 Jul 2020
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