Daily Trading Briefing Template & Technical Focus: November 4, 2026

Your Daily Trading Briefing

Stock Picks & Technical Setups (Financials & Tech Focus)

Financial Services Sector (Overweight)

Catalyst: Selective institutional accumulation ahead of BNM’s MPC rate decision.

• Maybank (1155.MY)
  • Technical Setup: Trading steadily around RM10.04. Holding firm above its 20-day Moving Average (RM9.95), showing resilient momentum compared to broader market weakness.
  • Trading Plan: Accumulate on dips near RM9.98–RM10.00.
  • Targets: RM10.20 / RM10.35.
  • Stop Loss: Below RM9.88.
• CIMB Group Holdings (1023.MY)
  • Technical Setup: Outperformed recently to close around RM6.98. Price action is attempting a breakout above the immediate resistance level at RM7.05.
  • Trading Plan: Buy on breakout confirmation above RM7.05 with volume, or pick up on retracements to RM6.90.
  • Targets: RM7.25 / RM7.40.
  • Stop Loss: Below RM6.78.
• RHB Bank (1066.MY)
  • Technical Setup: Surged +2.80% to RM7.71, breaking out of a multi-week consolidation box on increased institutional volume.
  • Trading Plan: Momentum trade on pullbacks near RM7.60–RM7.65.
  • Targets: RM7.90 / RM8.10.
  • Stop Loss: Below RM7.48.

Technology Sector (Caution / Underweight)

Catalyst: Global semiconductor spending doubts and regional tech weakness (KOSPI -3.59%).

• Inari Amertron (0166.MY / INARI)
  • Technical Setup: Slid down to RM2.38–RM2.55, testing crucial long-term trend support. RSI is approaching oversold territory, indicating severe selling pressure.
  • Trading Plan: Avoid taking long positions until a reversal pattern forms. High-risk accounts can watch for a bounce play off RM2.32–RM2.35 support.
  • Targets (Relief Rally): RM2.50 / RM2.65.
  • Stop Loss: Below RM2.28.
• Frontken Corporation (0128.MY / FRONTKN)
  • Technical Setup: Softened to RM5.12, breaking below its immediate short-term support level of RM5.20. Moving averages have turned bearish in the near term.
  • Trading Plan: Wait for selling to exhaust. Look for defensive stabilization around the RM4.95–RM5.00 zone before considering re-entry.
  • Targets: RM5.30 / RM5.50.
  • Stop Loss: Below RM4.85.
• Greatech Technology (0208.MY / GREATEC)
  • Technical Setup: Closed lower at RM2.63, continuing to trade within a lower-high, lower-low structure below its 50-day EMA.
  • Trading Plan: Underweight. Avoid chasing minor intraday bounces until the stock reclaims RM2.75 on strong volume.
  • Targets: RM2.80 / RM2.95.
  • Stop Loss: Below RM2.52.

#businessnews

Executive Summary & Market Backdrop Nov 4

Trading Briefing