The 3 dark green circled regions are my live calls in January 2016, 1H-2016 and 2H-2016 to buy bank stocks all over the world. Back in 2016, the herd were shouting for market crash and a bear market because the FED rate hikes caused a massive fear and markets were selling off. Singapore was to have technical recession back in 2016 too, and I was calling for bank stocks' buys.
Most of the followers are now sitting on more than +50% profits for Maybank and their profits will blossom into +100% in the coming resumption of world bank stocks' super rally (see cross reference link attached at the bottom of this analysis).
The first yellow trajectory measures $3.80 on linear scale and +55% on logarithmic scale. This means the next wave of banks' super rally worldwide will bring Maybank to $12.40 conservative target on the linear scale, and $13.33 logarithmic target on the logarithmic scale. MayBank may then rest slightly and proceed for probing of prices beyond $13.33 in the secular bull market.
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.
Most of the followers are now sitting on more than +50% profits for Maybank and their profits will blossom into +100% in the coming resumption of world bank stocks' super rally (see cross reference link attached at the bottom of this analysis).
The first yellow trajectory measures $3.80 on linear scale and +55% on logarithmic scale. This means the next wave of banks' super rally worldwide will bring Maybank to $12.40 conservative target on the linear scale, and $13.33 logarithmic target on the logarithmic scale. MayBank may then rest slightly and proceed for probing of prices beyond $13.33 in the secular bull market.
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.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.