Stock Name: CIMB
Company Name: CIMB GROUP HOLDINGS BERHAD
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
Company Name: CIMB GROUP HOLDINGS BERHAD
| Research House: JUPITER | Price Call: BUY | Target Price: 8.16 |
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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