Aurelius Technologies broke out from its 1-week bullish flag pattern a few candles back, implying that its previous uptrend may have resumed. As the 20-day and 50-day EMAs have established their bullish crossover since late November, it may see additional strength in the near term. A bullish bias may emerge above the RM1.80 level, with a stop-loss set at RM1.71, below the 50-day EMA. Towards the upside, the near-term resistance level is seen at RM2.00, followed by RM2.10.

Entry : RM1.80–1.91

Target : RM2.00, RM2.10

Exit : RM1.71

Source: AmInvest Research - 9 Dec 2022