4:15 pm – Maxis has clearly broken the support and looking for a test at rm5.10

With a dividend yield 6-7%, KPJ reit looks attractive. But wait for it to retrace back.

If it fall back below 200MA, it spelled disaster for KLCi.

Dear Traders,
On Friday if you bought from Maybank a 1 ounce Kijang (.9999 gold) the spread was RM 4280/ 4112. This is a spread of 3.9 % between bid and offer and the customer line at the Maybank gold window was short and no restrictions of how many coins you wished to purchase.
There’s an old saying in the stock market , “Sell in May, and go away” (see previous posting) and I’m sure many investors and traders felt that way after seeing the plunge/sell-off in all of stock positions in the KLSE as well as global markets. The only silver linings are the silver and gold.
Bearish TAVA Indicator (from Up to Down)| Security Name | Vol Increase from last week (1=True;0=False) |
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