Sunday, July 03, 2016
AMBank : Dropped about 40% from the peak
CIMB : Dropped more than 40% from the top from the peak.
MayBank : More resilient ... sideway. About 10% lower from peak. This is lower risk to buy at current level. But, once Maybank going below RM7.70, downtrend will starts.
PBBank : The best performer ... of all the banking-stocks. Above RM19 ... will we be seeing new high soon?
This is the most important sector to watch ... once the more resilient Maybank and PBBank starts to 'crumble' to selling pressure, time to exit KLSE.
Note : To be continue with US, UK and China banks.
Have nice weekend.