CIMB: Poised for Recovery

CIMB has just broken to the upside of its ascending triangle, ABC at RM6.07. Now it is trading at RM6.09-6.10. The volume is relatively small.

If the breakout can sustain, the stock may begin its upleg from here.


Chart: CIMB's daily chart as at Mar 24, 2015_10.00am (Source: ShareInvestor.com)

Note:
In addition to the disclaimer in the preamble to my blog, I hereby confirm that I do not have any relevant interest in, or any interest in the acquisition or disposal of, CIMB.