Aurelius Technologies may rise higher after it formed another white candle and left an upside gap yesterday. The stock has marked higher closes since 23 Jun, which coincided with the bullish harami pattern, indicating that positive momentum is picking up. A bullish bias may emerge above the RM1.40 level, with a stop-loss set at RM1.32, below the bullish harami pattern support. Towards the upside, the near-term resistance level is seen at RM1.60, followed by RM1.70.

Entry : RM1.40–1.46

Target : RM1.60, RM1.70

Exit : RM1.32

Source: AmInvest Research - 28 Jun 2022