CIMB looks like forming a cup with handle formation at first, but the handle is now way too long and it is almost like a double bottom now. Let's see if it can break the resistance of RM4.67. Noticed there have been multiple attempts to break this resistance but has been unsuccessful so far. Trend looks good for now. Let's see if it breaks out.
Dislaimer:
This is by no means a recommendation to buy. The ideas shared here are mainly for educational purpose only. Please consult your financial advisor prior to any investment decision.
Dislaimer:
This is by no means a recommendation to buy. The ideas shared here are mainly for educational purpose only. Please consult your financial advisor prior to any investment decision.