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Bank stocks are testing RM11.10.

Hot stock: Bank stocks are testing RM11.10.


Maybank (MAYBANK, 1155, main board financial stock) closed at 10.68 Malaysian Ringgit, up 26.0 cents or 2.59%.

Its stock price broke out after consolidating in a flag pattern, reaching a 52-week high.

Its daily relative strength index (RSI) indicator is at a level of 70.09.

Its stock price may face resistance levels at 11.00-11.10 ringgit in the short term. Its support levels are at 10.60-10.70 ringgit.
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