AmInvest Research Reports
Stock on Radar - CIMB Group
AmInvest
Publish date: Thu, 01 Aug 2024, 09:03 AM
AmInvest
0 9,541
An official blog in I3investor to publish research reports provided by AmInvest research team.
All materials published here are prepared by AmInvest. For latest offers on AmInvest trading products and news, please refer to: https://www.aminvest.com/eng/Pages/home.aspx
Tel: +603 2036 1800 / +603 2032 2888
Fax: +603 2031 5210
Email: enquiries@aminvest.com
Office Hours
Monday to Thursday: 8:45am – 5:45pm
Friday: 8:45am – 5:00pm
(GMT +08:00 Malaysia)
All materials published here are prepared by AmInvest. For latest offers on AmInvest trading products and news, please refer to: https://www.aminvest.com/eng/Pages/home.aspx
Tel: +603 2036 1800 / +603 2032 2888
Fax: +603 2031 5210
Email: enquiries@aminvest.com
Office Hours
Monday to Thursday: 8:45am – 5:45pm
Friday: 8:45am – 5:00pm
(GMT +08:00 Malaysia)
CIMB Group broke out from a 3-week bullish rectangle pattern yesterday, implying that its previous uptrend may have resumed. As the stock has surged to a new multi-year high with a long positive candle, the near-term bullish trend may still have legs. A bullish bias may emerge above the RM7.25 level with stop-loss set at RM6.97, below the 50-day EMA. Towards the upside, nearterm resistance level is seen at RM8.00, followed by RM8.50.
Entry : RM7.25–7.43
Target : RM8.00, RM8.50
Exit : RM6.97
Source: AmInvest Research - 1 Aug 2024
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
Market Buzz
2025-01-24
CIMB2025-01-24
CIMB2025-01-24
CIMB2025-01-24
CIMB2025-01-23
CIMB2025-01-23
CIMB2025-01-23
CIMB2025-01-22
CIMB2025-01-22
CIMB2025-01-22
CIMB2025-01-22
CIMB2025-01-22
CIMB2025-01-22
CIMB
2025-01-21
CIMB2025-01-20
CIMB2025-01-20
CIMB2025-01-20
CIMB2025-01-20
CIMB2025-01-20
CIMB2025-01-20
CIMB2025-01-20
CIMB2025-01-17
CIMB2025-01-17
CIMB2025-01-17
CIMB2025-01-17
CIMB2025-01-15
CIMBMore articles on AmInvest Research Reports
IGB REIT - Limited increase in distribution yield until new assets have been injected
Created by AmInvest | Jan 24, 2025
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
Apps
Top Articles
1
2
THE INVESTMENT APPROACH OF CALVIN TAN
3
4
The Official Kenanga Warrants Blog
5
MQ Market Updates
6
Kenanga Research & Investment
YTL Power International - 1-for-5 Warrants to Reward Shareholders
7
Stock Market Enthusiast
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
