
- somewhere around end August (highlighted A) I mentioned that a better place to buy Maybank is at RM8
- I mentioned the probability of it going up is low and is not a good place to trade
- The market subsequently proved me wrong by going up to the high of the downward channel
- At this juncture, we need demand to come in to push Maybank through the highlighted area of B, failing which I think chance favours the downside for FBMKLCI as a whole
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