Thursday, 19 July 2012 CIMB – Stock Pick

Thursday, 19 July 2012 CIMB – Stock Pick



CIMB ( 1023 : 7.88 ) : Targeting 8.40/Stop loss 7.70

Description

Resistance : 8.20 8.40

Support : 7.70

RSI of 73
RSI is on the uptrend

STOCHASTIC
It is on an upswing

Comment
The current uptrend is targeting 8.20, and 8.40

Trading Strategy
Buy. Stop loss is at 7.70

Disclaimer
This report is provided for information purposes only. It is not a complete analysis of every material fact respecting any company, industry, security or investment. Opinions expressed are subject to change without
notice.