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Tuesday, August 23, 2011

ZLBT Random Stock Picks >>> CIMB + GENTING BHD

CIMB & GENTING BHD  recommended SELL

Technical Comments
Driven by a fresh stochastics sell signal, CIMB shares could fall towards the 61.8%FR (RM7.63), with a breakdown to target the 76.4%FR (RM7.26), before buyers return to bargain hunt.

Technical Comments:
Genting shares could also weaken further on bearish technical momentum, with a breakdown below the 50%FR (RM9.44) to target the 61.8%FR (RM8.83) or even the 76.4%FR (RM8.09) before stabilizing.

HAPPY INVESTING & GOODLUCK2ALL

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