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Maybank

November 8th, 2019 by dimpledbrain

  1. somewhere around end August (highlighted A) I mentioned that a better place to buy Maybank is at RM8
  2. I mentioned the probability of it going up is low and is not a good place to trade
  3. The market subsequently proved me wrong by going up to the high of the downward channel
  4. 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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