morning ... 7.10am THU ... with CASH in hands. A check on indices, mostly on the REVERSAL DOWN ... and some at critical level. Hence, I made a decision to SELL most of the stocks in hands and back in cash ... cutloss many yesterday or take small profits, not waiting for breakouts or surge to add.
Finance Index : the heaviest in our KLCI ... hope it could rebounds to allow many to EXIT before the coming selldown. For me, it is SELL FIRST, talk later...
PBBank ... drifiting lower and broken the support ... heading below RM4 soon. Will consider around RM3.90 ... we shall watch ...
Maybank : still OK .. in tact, uptrend. but once below RM9.70, we see a start of downtrend too.
BE AWARE ... Maybank down = KLCI down = BAD SENTIMENTS for those surged so many weeks ... those would be at HIGH RISK of selldown.
BE WARNED.
I will stay in cash and watch ...
TEH
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