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2011-09-22

CIMB Badly Sale Down By Foreign Investor



















CIMB had badly sale down by foreign investor since end Jun after hits RM9. CIMB chat had form double top formation before dip below RM7 level (22.2% loss) Base on the chart, the sale down may not end yet but next week may likely see some market test on foreign investor share holding, if the holding is less CIMB is ready to be mark up again. 5 trading day moving sideways may a sign of end of the dip.

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