Maybank Investment Bank's Daily Technical Analysis | 15 Nov 2024

The bears will continue to have the upper hand on the last trading day of the week as profit taking may intensify. It is critical for the KLCI to stay above the 200-day SMA (now at 1,596.91). If this level fails to hold, expect another round of selloff towards the 1 Nov low of 1,589.27.
Join Maybank Investment Bank's Head of Retail Research, Tee Sze Chiah as he shares his views on some new KLCI stock trading ideas.
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