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
Disclaimer: The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.