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Rakuten Trade Research Reports

Author: rakutentrade   |   Latest post: Wed, 22 Jan 2020, 12:07 PM

 

Technical View - AEON Co. (M) Bhd (AEON, 6599)

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AEON Co. (M) Bhd (6599)

• AEON rose 6 sen or 4.1% to RM1.53 yesterday.

• Share price finished at an intra-day high yesterday. Share price may have shown bottoming signs given recent positive development from key indicator and we expect it to trend higher.

• From here, resistance levels are seen at RM1.60 (R1) and RM1.65 (R2).

• Conversely, support levels can be identified at RM1.45 (S1) and RM1.40 (S2).

Source: Rakuten Research - 5 Dec 2019

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Labels: AEON

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Chart Stock Name Last Change Volume 
AEON 1.41 -0.02 (1.40%) 402,800 

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