AMBank : Watching it dropping after the 'announcement'. This is a weekly chart ... take a note of the highlighted overbought region ... and read the candle sticks there ... it is a SELL around RM5.40 so that we could buyback lower.
There is a confusion on how technical indicators being used. Use them sparingly ... do not over-rely on indicators and put many indicators in your chart.
Waiting to buy AmBank around RM4, which I bought previously but sold too early.