MayBank Is About To Make New High

Base on the chart, MayBank is accumulate at RM8.70 - RM8.80 level so I think in this week, fund manager will test the market and soon some good news may flow out.

However due to current situation only Foreign investor as the net buyer, the price may not move to high.

MayBank Hits New High After 2 Month Accumulate Share

MayBank hits to new high after 2 month of accumulation. Before the share move up, in 2 months, already 4 times the share had been test.

When most of the test show positive, the market start to move higher along with planed good news.

MayBank Share Price Broken RM8.20 Level - Bullish Sign

Yesterday closing for MayBank share did not drop below RM8.20 show that the share price likely to move up higher and in short term will broken RM8.40 by year end.

A small increase in MayBank will give a big push to FBM KLCI index.

FBM KLCI Today Likely To Move Above 1,400 Level

Today is budget 2012 day, and base on the major bank share movement this week today FBM KLCI likely to broken back 1,400 level. Current foreign investor money is low in Malaysia and when Asia market go up Malaysia is free to mark up the market.

This month will be the good month to take profit in call warrant investment especially PCHEM-CB and MayBank-CR because this two share move up will push FBM KLCI higher. PCHEM likely to move up more due to when it at RM5.50 to RM5.40 many share been accumulated so soon PCHEM-CB will move to RM0.06, it is 50% up from lowest.

MayBank Rebound Taking Profit From Panic Selling

Yesterday MAYBANK panic selling dip to lowest RM7.35 and closed at RM7.51 with 21.7M share so this morning only about 380K vol to bound back to RM7.80. All panic selling loss become they profit. This call a smart money move.

MayBank Panic Selling!

Yesterday MayBank price dip below RM8 and loss year to date gain since 15 Sep 2010. MayBank just close the full year earned 15B profit last month also facing selling pressure.

Foreign selling pressure likely to end soon, we already see selling pressure on all FBM KLCI blue chip and all bank share had hits. Malaysia share market is controlled by government so after most of the foreign investor go Malaysia share market will be easy to mark up again.

Next month will be a good month to buy in some blue chip call warrant. Bank had made huge profit from call warrant expire on August, September and October.

MayBank Bull Caped By Poor Asia Share Outlook

MayBank 4Q result is very good, however the price is caped due to Asia share market in bad outlook. I think likely MayBank share will move up when all the dust clear.

MayBank Earnings Rose To RM1.15 Billion

MayBank earning rose to RM1.15 billion in 4Q2011 ended June 30. With US market and Euro market close positively, today Asia market may move up and FBM KLCI major share, MayBank is number one so if FBM KLCI to move high, MayBank share need to move high.

However, investor may likely to buy share now because by invest there money in Gold is more profitable and safe. Gold price just hits above USD1,900/oz this morning.

A Bullish Sign Show In MayBank Chart

A bullish sign show in Maybank chart after yesterday investor test the market. Maybank now is in the position to mark up before 4Q financial result flow out before Raya. Due to last week big deep and most of the weak retail investor already wash out so it is easy for the big money to mark the price of MayBank up. Short term profitable investment is likely.

MayBank Push Up Without High Vol Support

Yesterday MayBank share rally up after a month of distribution however the mark up did not support with high vol so the selling pressure may likely low.

It will be good because the share price may go up more till selling pressure take over.

Maybank Is In Distribution, The Big Money Is EPF

EPF had start to distribute MayBank share since months of July and now is about to end so the price may drop any time because no big money supported the share.

However when it dip below100MA, that is the best level to keep some.

MayBank Is About To Broken RM7.00 Level

After some good news roll out from MayBank, the share price start to review out and is about to broken RM7.00 level. However due to Bank Negara set OPR to 2.25% up 0.25% may effect market by today. Still can't said the market react positively or negatively but MayBank may likely in the position to move up higher.

To maximum profit, MayBank have 4 call warrant and I think MayBank-CL & MayBank-CJ will had better opportunity to make profit if MayBank share go up.

MAYBANK share drop lower

Look like Malaysia MayBank is effected badly by this credit crisis.

This is a vary serious problem, if MAYBANK end up like US bank ours saving will effected badly.

Be caution with the money in bank.