Thursday 15 March 2012

Stock Overview - CIMB - 16 Mar 2012

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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