Johnkiew

Maybank Head and Shoulder Breakdown

MYX:1155   MALAYAN BANKING BHD
The largest market cap in the Bursa market have formed a classic chart pattern breakdown with formation target at 7.125.

Price level 9.10 have used as neckline instead of June 2018 low. The reason underlying by two symmetrical shoulder (left and right) ended and started development from this price level.
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