The Asian property sector started slowing down sometime in 2007 and remained weak in 2008 due to the slowdown in the global economy and the cautious state of investors after the crash of the United States housing market. The meltdown resulted in the collapse of several large banking and financial institutions in the United States [...]

Maybank together with other global financial stocks had a tremendous rally from its March low of R M3.54 to its recent high of RM6.15. However the recent uptrend may be showing signs of exhaustion as ADX had begun to move downwards in addition with a bearish divergence seen in the RSI. Be on the lookout [...]

IOI Corp has been moving in tandem with the overall bullish market sentiment from a low of RM2.08 to its recent high of RM4.86. However the current uptrend of IOI Corp is showing signs of exhaustion with the MACD displaying a bearish divergence coupled with the Stochastic oscillator turning down from its overbought level. Thus [...]