Monday, 8 October 2012

Stock Overview - CIMB - 9 Oct 2012

CIMB ( 1023 : 7.76 ) : Targeting 8.20/Stop loss 7.64

Description

Resistance : 8.30
Support : 7.64

RSI of 58
RSI is on the rise

STOCHASTIC
It is on an upswing

Comment
The current rebound is heading for 8.20

Trading Strategy
Buy. Stop loss is at 7.64

Source:Jupiter Securities Research, 9 October 2012

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