shahidrogers

CIMB - bullish with strong fundamentals

Long
MYX:CIMB   CIMB GROUP HOLDINGS BERHAD
News of "unfavourable political ties" and foreign investors pulling out of emerging markets has sent this ticker crashing downwards despite its solid fundamentals. If we assume that the price has already bottomed out at a critical support level of 5.32, we can be hopeful of a bullish reversal towards realising its actual value over the coming weeks/months ahead.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.