PBBANK trade ideas
PUBLIC BANK #PBE #KLSE #BANK SHORT THE BANK SHORT THE BANKPUBLIC BANK HAS BEEN IN A LONG TERM BULL MARKET.
CORRECTION IS DUE . 3 BLACK CROW FORMING ON WEEKLY CHART.
REENTER SHORT AT 22 (SUPPORT TURNS RESISTANT AREA) and APPLY TRAILING STOP TO SECURE PROFIT.
<TradeVSA> Strong Reversal in Public BankStrength in the chart:
1. Shakeout to previous support
2. High volume Sell-Off bar
3. High volume upbar
4. Green pentagon buy signal in hourly, daily & weekly chart
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
PBB One of A Very Good StockReiterate:
Public Bank is Ranked the Number 2 Top Bank of Malaysia by me
Side Note:
At target of $29.25, many of these early fans of mine will have returns of more than +182% profits on such quality stocks.
Additional Note:
Worldwide bank stocks are expected to shoot through the roof in 2H-2018 and 2019. More waves of super rally in equity markets can be expected in 2H-2018, 1H-2019 and 2H-2019 -- amidst the backdrop of 80% market majority having the conviction of a bear market coming.
