Maybank together with other global financial stocks had a tremendous rally from its March low of RM3.54 to its recent high of RM6.15. However the recent uptrend may be showing signs of exhaustion as ADX had begun to move downwards in addition with a bearish divergence seen in the RSI. Be on the look out for its immediate classical support at RM5.35 which also coincides closely with its 50-day moving average. A violation below it may see a correction towards its next strong support at RM4.80. Immediate resistance is now at RM5.90 and a break above may resume its prior uptrend towards the next target of RM6.49.