Maybank could have a long term uptrend shall prices keep staying above the EMA 200 days. This bullish analysis is invalidated shall prices closed below the RM7.00 support level. Additional fundamental info: relatively low P/E and high dividend yield.
LLLH Y1<Y2 + got power down + T1<T2 strong downtrend Rolling Stone In long term it is a strong down trend too Maybank won't be able to make reversal up for a while unless it makes HHHL TP @ 6.300
Next very important support is 6.86 and cannot break.
Malayan Banking Berhad share at the moment looking bearish. Break upward target: Approx. 7.92 Break downward target: Approx. 6.06 Let's wait till next Monday market open.
MAYBANK Rst: 7.30 Spp: 6.80 Pending bearish breakdown, there's tendency to break below this bearish breakdown neckline. And where can you expect technical rebound, based on Fibo Ext, the level can probably be found at 6.80
Price still below MA 20 and MA 50. MACD crossing. Double top pattern. Huge selling volume
Maybank Indonesia saw net profit dropped 16% YoY in 2Q20, no thanks to tepid total income and surge in bad loan provision. Also, loans continued to contract and NPL ratio has risen further. Overall, results were largely within expectations and hence, forecasts were unchanged. In our opinion, the stock’s risk-reward profile remains balanced as there are no...
Price break demand zone flag limit
RSI, STOCH, MACD - OVERBOUGHT (OB) EP - 7.925 TP1 - 7.590 TP2 - 7.250 SL - 8.205
Detail @ The Chart..p/s Inside any impulsive, there is ONLY abc waves not 1,2,3,4,5 waves.....
Detail @ The Chart. P/s inside any impulsive wave there is ONLY abc waves
MYX:MAYBANK So someone asked me what bank good for investment right now. So as you can see Maybank and CIMB is very undervalued right now. Both bank have good historical performance and very low risk. I prefer Maybank because they giving much more dividend.