It has broken the support line for EMA200.
If continue to be selling off, it could be oversold.
Need to monitor to see when the MCD is turning bullish and can start to accumulate, after the share price also goes back above EMA200.
Note:
Fundamentally this is a good stock, with dividend yield >5%.
Analyst target price is ~RM11.
Potential upside of 25%.
https://klse.i3investor.com/ptservlet.jsp?sa=pts&q=MAYBANK
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