Potential Buy Alert

CIM – Cimic Group Limited

Stock : CIM – Cimic Group Limited

Current Price : 38.96

Status : On watch for higher low

CIM is in a prime position for buyers to step in and take price higher. We like the zone so we are now watching for evidence of buying through a higher low out of current contraction. Price qaction still may have some work to do but we see a good leg higher through 41.00 on the cards.