Wednesday 18 July 2012

Stock Overview - CIMB - 19 July 2012


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

Source:Jupiter Securities Research 19 July 2012

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