CIMB Show Bullish Sign In Short Term

2011-03-26

CIMB Show Bullish Sign In Short Term

CIMB had bottom at below 8.00 level and now the chart had show some bullish sign in short term. When enter APR I think CIMB will move up due to Sarawak election.

In March some investor is accumulate CIMB share in low price, this also show that when accumulated enough, share is about to move up.

2 comments:

luckystock March 26, 2011 at 7:58 PM: Hi!
Can you explain why CIMMB is related to Sarawak election ?
East Point Trading March 29, 2011 at 8:19 AM: Hi Luckystock,

Most of the UMNO election funding is come from CIMB, in every election a huge money had been spend and the funding come from CIMB.

Stock Quote

KLCI Live Quotes Lookup Stock Code/Name Enter Stock Code/Name

Investment Idea

My investment with RM5,000 initial capital have been growing since 2005.I found the stock market appears confusing and complicated, but it is most definitely based on logic "supply and demand". However, the laws of supply and demand as observed in the markets do not behave as one would expect. To be an effective trader, there is a great need to understand how supply and demand can be interpreted under different market conditions and how to take advantage of this Off Market Transactions in KLSE.

Footer

Weblog Disclaimer: The information contained herein was obtained from sources believed to be reliable. However, we do not guarantee the accuracy and completeness of the report. Opinions expressed herein are subject to change without notice. This report is for information purposes only and should not be construed as an invitation, offer or solicitation to purchase or sell any futures product referred to herein. The Author may from time to time has an interest or position in the futures products or stocks mentioned. There is a risk of loss in trading stocks,futures & derivatives like products.

Bursa Malaysia (KLSE) Daily Info Edge Zone