March 16, 2012

Stock Overview - CIMB - 16 Mar 2012

Stock Name: CIMB
Company Name: CIMB GROUP HOLDINGS BERHAD
Research House: CIMBPrice Call: BUYTarget Price: 7.86



CIMB ( 1023 : 7.42 ) : Targeting 7.86

Description

Resistance : 7.86
Support : 7.28

RSI of 59
RSI is on the rise

STOCHASTIC
It is on an upswing

TREND INDICATOR
Comment
The current rebound off the lower trendline has an upside of 7.86. Stop loss is at the price gap of 7.28

Trading Strategy
Buy. Stop loss is at 7.28

Source:Jupiter Securities Research 16 March 2012


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