Thursday, July 14, 2016
Stock Alert : CIMB
Just came back from dinner ... nice Naughty Nuri. Busy with classes today and didn't check much. DOW at new high again ... plus 150points!! But KLCI in red ...
I saw CIMB selldown ...can ask : WHY?
CIMB : At critical RM4.20 ... downtrend.
Once RM4.20 broken, we shall check the psycho-level of RM4
Property : There is some rally in property-stocks yesterday due to the OPR announcement. But the hot-news fizzled out today. I do not think so it is sustainable ... but might have a short-rally for that. the fact of oversupply is real.
I m tired ... as tmr would be another long day.