ellynacci

Maybank turns Bullish

Long
ellynacci Updated   
MYX:MAYBANK   MALAYAN BANKING BHD
Maybank has strongly rebounded after a major collapse since May 2018. The price has significantly closed above resistance at 8.20, breaking a valid downtrend line since May 2018. The building up momentum could push the price to resistance level at 8.94, before it could reach the upside target at 10.145. We could be wrong if the price close below 7.00

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