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Tuesday, May 6, 2008

10:04 am - Maybank has broken its major resistance @ Rm7.90


Time to cut your losses or take profit ! Buy back when it test the resistance above RM8.20


From the CIMB Research Desk on Maybank.



9:31 am - PB Bank is heading higher


This can be a buying opportunity and put your stop right beneath the support.

9:19 am - KLCI is believed to either move sideway or downward.


While the regional markets are weaker due to DJIA, our KLCI is resilient. It is not falling a lot. That's tell you the market is strong.

Monday, May 5, 2008

5:05 pm - 18 L/C and a buying opportunity for PB bank

Do you dare to buy at this height @ RM11.60 ?

(Cannot upload chart)

5:01 am - KLCI is moving sideway denoted by the intraday chart !


KLCI closed @ 1274.61 - due to last min push by KLCI.

4:06 pm - From CIMB Research Desk on Maybank


3:26 pm - Big players like PNB & SASB bought tons of Maybank shares


It is interesting to see if Maybank can go down more from this point onwards. Maybank is suspended pending news.
Here is the news from CIMB Research.