Public Bank has been test the low multiple times at the RM10 region and not going any lower. This is definitely sign of strength. One should consider invest into this quality share. STOP LOSS is RM9.90.

If you have hesitated to buy after yesterday’s Stock Review on Public Bank, you should seriously consider this quality share. It has broken out from the congestion (temporarily), which given the opportunity to go higher. Buy and put your STOP LOSS @ RM9.90. Ride with the profit.

Looks like it is in the “Accumulation” stage which is a preparation for a rally. It is encouraging to see multiple tests at Rm10.20 - RM10.30 level. Since this is a quality share (fundamentally sound, very profitable company), I would recommend BUY and put STOP LOSS @ RM9.90. This is a medium - long term [...]