MLYNF trade ideas

SteveTan

Maybank possible the last "golden opportunity" for gaining 61% ( from 8.00 to 12.88 +/-) by end of 2025 ( before a deep pullback again )

SteveTan

Maybank stocks investment probably "can make us sleep better after holding it if compare to others stock".. it's Good timing for "accumulation" @ 8.00 +/-. While "still many like "Money Gxxxs" .. Maybank give u Average 6% dividend + potential of share gain of 50%! in 1,2 years. ( 8.00 to 12). It's too good to be true right!? But not "Money Gxxxs" ?! Right?!

mingjoe1993

Has been forming consecutive HL. Recent Budget 2023 seems to have no negative impact on banks.

FaridHamid

I see Maybank has arrived at strong support...maybe the price will rebound from here

FaridHamid Updated 

The target for Taking Profit Maybank...price seem to respect the support and showing movement to the upside

FaridHamid

idea to buy area for maybank..around support level

SirPoji

Quick Ideas Chart Patterns on Maybank Flags signals. price to surge up. SMA 20, 50, 200 below prices signal a strong buy

baojie13

With the coming interest rate increase to battle inflation banks are bound to climb upwards again. Maybank seems bound to reach next resistance at rm8.40

SteveTan

Due to FOMO ( fear of missing out ) factor most traders/ investors always bought stock @ ( high price ) on “breakout trading strategy “ etc..To avoid such problem ..one of the methodology is waiting for “pullback” and buy at “retracement confluence zone” .. A “ confluence zone” @ 1) Parallel Channel 2)Fibonacci level etc...

SteveTan

Maybank possible completed its bullish triangle abcde ( Red Circled) while waiting its price “exploding” to the upside after so many years of “ squeezing “ its price..

SteveTan

MAYBANK may "reach" RM40 by 2025. Now only RM8.69. 16/Feb/22..Provided No split due to bonus ( Even Split due to bonus = More Holding of Stocks )" PLUS + >5% P.A Dividend... Think About it..

SteveTan

MAYBANK Price seem like at the last leg down of triangle toward wave E (yellow). Where price may ONLY resuming its up trend at around RM8.00

SteveTan

MAYBANK possible completing its bullish triangle as price holding strong above Rm8.00 and by breaking the descending wedge pattern. Price now are in bullish trend moving toward above Rm10...

SteveTan

MAYBANK price could still in consolidation if price still "keeping" below RM9.00 and above RM8.00

SteveTan

As Public Bank's share Price of Maybank is ranging around Rm8.00 ... 1)At Lower Trend line Support area of Bullish Contracting Triangle 2) At around Daily 200 EMA support line

SteveTan Updated 

MAYBANK Possible at the Wave (D) ( Cyan/light blue ) of triangle.. AND wave B (yellow) of triangle.. Price could retrace to around RM7.50 where there is confluence of 1) Up Trend Line Support 2)Next Major Demand Zone. 3)Lower Trend line support of triangle wave B (yellow) . Before resuming its up trend toward around RM 12.00

kennylim02134

medium term target zone: 9.6~9.8 long term target zone : 10.8~11.0 Target zones are confluent with existing SR zones (yellow) Be patient to wait for another pullback to confluence of: i) current support zone (green) ; & ii) 21ema before considering a long play.

KayeXxx

Maybank staging a possible reversal. Green box - Areas of support (EP) Red box - Possible resistance (TP) Good long term trade, collect some if retracement is given.