Monthly chart. 1. Trend line support broken. 2. Year 2015 lowest 3.215 support line broken. Where will be the next? 1.865? You earned the dividend, but lost the price.
Just look,follow, and enjoy Trade, and make a profit
MYX:CIMB So someone asked me what bank good for investment right now. So as you can see Maybank and CIMB is very undervalued right now. Both bank have good historical performance and very low risk. I prefer Maybank because they giving much more dividend.
CIMB Bank has find its support today at price RM3.485 after 3 days unbreak the previous close market price. Despite trending on twitter several weeks ago due to savings user hacked, the share price recovered. Many user threaten to change the banking saving after this exploitation. The user savings has been credited to several credit to unknown party that has been...
Signal in the chart: 1. Double Top 2. High volume distribution Hit the "LIKE" button to support us :) Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Thank you for your continued support :) Strategy: Moving Averages Formation Bias: Bullish As seen in the chart, the Year-Line is a strong indicator of trend. Around late Feb 2019, The price managed to closed above the Year-Line for a few days before rejecting and continued downward sliding. This time, not only is the price holding comfortably above the...
Those who are very bullish on CIMB and wish to take a leveraged bet on this stock, may consider CIMB-C37. One good warrant screener to use for picking warrants that fit your requirement is KLSE Warrant Screener
What is accumulation (stage 1)? Accumulation happen when Smart Money accumulates large quantity of stocks at the lowest possible price over a period of time. This is a subtle and quiet process and usually you won't find the stock appear in top volume list. Below are the clues of accumulation based on Volume Spread Analysis: 1. Price moving sideways and well...
Top price > 7.xx Lower Price < 3.xx Current Price = 5.45
News of "unfavourable political ties" and foreign investors pulling out of emerging markets has sent this ticker crashing downwards despite its solid fundamentals. If we assume that the price has already bottomed out at a critical support level of 5.32, we can be hopeful of a bullish reversal towards realising its actual value over the coming weeks/months ahead.
Bullish, but waiting for it to bottom, "special case news" has affected the stock but fundamentals are still in place