Friday, 16 Mar 2012 CIMB – Stock Pick

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


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.