AmInvest Research Reports

Stocks on Radar - Aemulus Holdings (0181)

AmInvest
Publish date: Wed, 30 Jun 2021, 09:06 AM
AmInvest
0 9,406
An official blog in I3investor to publish research reports provided by AmInvest research team.

All materials published here are prepared by AmInvest. For latest offers on AmInvest trading products and news, please refer to: https://www.aminvest.com/eng/Pages/home.aspx

Tel: +603 2036 1800 / +603 2032 2888
Fax: +603 2031 5210
Email: enquiries@aminvest.com

Office Hours
Monday to Thursday: 8:45am – 5:45pm
Friday: 8:45am – 5:00pm
(GMT +08:00 Malaysia)

Aemulus Holdings jumped and tested the RM0.83 resistance level. With its 21-day moving average in an uptrend, coupled with higher trading volume, we see a possibility for a technical breakout. If this happens, we expect it to move towards the short-term target prices of RM0.86 and RM0.885. The downside support is projected at RM0.775. Traders are advised to exit on a breach to avoid further losses.

Trading Call: Buy near RM0.83

Target: RM0.86, RM0.885 (time frame: 2-4 weeks)

Exit: RM0.775

Source: AmInvest Research - 30 Jun 2021

Related Stocks
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment