Stock Alerts

CIM is in the zone for continuation higher still has some work to do

Posted on June 28, 2017July 21, 2017 by braden

28
Jun

Potential Buy Alert

CIM – Cimic Group Limited

Stock : CIM – Cimic Group Limited

Current Price : 38.99

Status : Watching for minor higher low to build

CIM is in a prime position to hold a higher low for continuation up. We would ideally like to see buyers step in to push price up to 39.50 and then a higher low to build from there for the move. We may have to see some further contraction play out but one for the watchlist.