PUBLIC Bank price possible having a pullback toward around RM3.60 that is about -14% from current Price Closed level : Rm4.19 before resuming its uptrend toward around RM8.35 . where there is a confluence of 1) Up Trend Line Support Since March 2020 low ...2) Next Major Demand Zone ....
Since bank shares rallied in Nov and Dec 2020, PBBANK has been trading sideways for the past 6 months. Despite constant selling by EPF, the share price has sustained above RM4 Bollinger band and volatility has narrowed significantly over the past 6 months, especially in the past 4 weeks. 1st band: 14% 2nd band: 11% 3rd band: 9% 4th band: 3% 5th band: 2.5% 6th...
Public Bank is forming VCP with below contraction: C1: 12% C2: 10% C3: 9% C4: 3% C5: 2% 27 May is the first low risk entry point with good fundamental + dividend support. Still in good development! The content provided is my personal experience sharing through technical and fundamental analysis point of view. The content can only be used for education...
There was a Pin Bar in monthly chart of Public Bank Stock Price..
Despite the correction of the technology sector, the banking stocks in Malaysia are gaining strength thanks to the rising treasury yields. In fact, these 4 bank stocks MYX:CIMB , MYX:KENANGA , MYX:RHBBANK and MYX:PBBANK are poised to breakout from the accumulation structure. Find out how to benefit from these outperforming stocks by trading at the key...
Stock price tested resistance at 4.50 currently retract to find EMA support and will retest resistance at 4.50 . Price still hover above EMA 20/40 with EMA 20 above EMA40. MA 50/150/200 all show general uptrend, hence there are many level of support below the currently pricing. Price will continue to move up once resistance is broken.
Note - Percentage for monthly chart shows increasing of buyer to push price up - RSI almost limit up
Public Bank share (MYX: PBBANK) is currently on bullish trend, with its price recently rebounded above EMA 50. This movement could also be confirmed with observation of Bursa Malaysia Finance Index
Downtrend. Not a good time to collect. You could losing up all your dividen. 15.4 is the important support line.
It look like public Bank in the Reversal From last Feb 2019, it start drop And the downtrend is resisted by 50EMA (Expontetial Moving Avereage) And last March 2020, it V-shape rebound and break above 50EMA And create a "higher high" (2 times) & "higher low" (2 times). if coming week, it trade high, not break down to the lower trendline (Blue) then, it confirm...
Buy on after price pull back Support : 15.875+ Resistance : 17.50+ (Disclaimer: for demonstrate own planned trade records study only, not for recommend to buy or sell. Please message me for the further detail trading plan)
Strength Signal in Chart: 1. Reversal with volume 2. Bag holdings 3. NS signal in daily and hourly chart Hit the "LIKE" button to support us :) Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Detail @ The Chart.