Saturday, September 7, 2013

Revisiting CIMB

Cimb (1023)


The technical rebound play failed, should I bought based on the bullish harami candlestick. It moved further south and after a week, with a 6% drop, a white candle appeared. Buying at the closing price, using a technical rebound strategy, one could get a 5 % profit after just 2 days.

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