Morning. Yesterday, KLCI was red-red due to Genting and GenM entering a new 52W low—also, some banking stocks. One of them is RHB, which I had been holding for a while until yesterday.
The support was broken ... so, I have to sell her off.
note: This is not a buy-sell call. RHB is a good company to invest, IMHO.
In trading, we have to follow our rules as strictly as possible. Once the support is broken, SELL. Once the stock breakout of resistance, buy. Period.
TEH