Malayan Banking Bhd (MAYBANK,1155) 

• MAYBANK gained RM0.30 (3.23%) to close at RM9.58 last Friday following the rebound of the FBMKLCI.
• We expect follow-through buying momentum to emerge backed by solid fundamentals of the company as it remains the largest bank in Malaysia. • As such, resistance levels are expected to be seen at RM1 0.02 (R1) and further to RM 1 0.1 4 (R2).
• Meanwhile, support levels can be found at RM8.68 (S1) and RM8.49(52). 

Source: Rakuten Research - 15 Oct 2018