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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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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.

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