CBIP pausing around resistance

CBIP attempted to reach the resistance at 2.65 but fell down due to not enough buying power

Last call
Entry price 2.53
Take profit at 2.65 and 2.8
Stop loss at 2.46 and 2.28

1) Still in uptrend
2) Still in higher high ( Bullish)
3) MACD still positive ( Bullish)
4) RSI retrace and testing the support at 70% ( Not confirmed but if break below will indicate bearish)
5) Sto - Bearish Crossover ( Bearish)
6) Candle stick indicating like weak shooting star. If continue with another black candle will indicate a reversal


Entry price 2.53
Take profit at 2.65 and 2.8
Stop loss at 2.46 and 2.28

CBIP riding the bolinger band

This counter is riding the Bollinger band and rising up to the next resistance at 2.65

One of the good Fundamental stock uprising quitely..

1) Trend = Uptrend
2) From high low ( Bullish)
3) MACD - Bullish crossover ( bullish)
4) RSI - broke above 50% Bullish
5) Sto - Broke above 50% bullish

Entry price 2.53
Take profit at 2.65 and 2.8
Stop loss at 2.46 and 2.28


Refer to the fair value given by RHB/Edge is about RM 3


 

CBIP formed higher low

One of the good Fundamental stock uprising quitely..

1) Trend = Uptrend
2) From high low ( Bullish)
3) MACD - Bullish crossover ( bullish)
4) RSI - broke above 50% Bullish
5) Sto - Broke above 50% bullish

Entry price 2.53
Take profit at 2.65 and 2.8
Stop loss at 2.46 and 2.28