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iampatrickcheong
Mar 12, 2022 7:37 AM

my idea in this counter. Long

AFFIN BANK BERHADMYX

Description

daily chart head and shoulder found. important to set cut losses point at below or at RM1.78. now trading at right shoulder range. right shoulder breakout point around RM1.94-95. I also predict the time to breakout on around 22/3/22 . after breakout the first target will be around RM2.10. now trading at RM1.82, risk is low (if cut losses point set as mention). next week FED rate hike and inflation will be benefit banking counter. actually not only AFFIN in this situation, I saw AMBANK and RHB BANK also in the same. I missed out buying point in other banking counter so bought the weaker and wait..buy at your own risk,TQ.

Comment

due to world market sentiment, revised last support at RM1.80.

Comment

update support RM1.83.

Comment

head and shoulder break out point up to date at RM1.97.

Comment

may 2013 down trend line in focus. an important break out.

Comment

a big W break out from may 2019 at price RM2.
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