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If everything goes well, “by right” Nov quarter should be a relatively better one QoQ. Takaful’s income relies quite a bit on investment and it’s MGS holdings, with recent OPR cut (bond holding value goes up when interest is down), and Klci stronger performance in Q3, Nov QR should be less concerning. But Takaful may very well still continue dingdong by the bot, who cares
The 3 psychological price level is defended. Price volume movement looking healthy against the moving averages, poised for a bigger scale rebound to the MA200 level ~3.4 post budget clarity on insurance policy premium. But please note that on a technical level, this is just a rebound. Following a rebound we still want to expect healthy resumption of downtrend and see strong support before confirming a reversal