AmInvest Research Reports

Stock On Radar - Aurelius Technologies

Publish date: Mon, 27 Mar 2023, 09:36 AM
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Aurelius Technologies’ buying interest is back after it broke out of the 1-month downward channel 2 sessions ago. As the stock has recovered above its 20-day EMA and coupled with the bullish hammer pattern formed on 13 Mar, there is likely still room to the upside from here. A bullish bias may emerge above the RM2.90 level, with a stop-loss set at RM2.73, below the 50-day EMA. Towards the upside, the near-term resistance level is seen at RM3.20, followed by RM3.40.

Entry : RM2.90–3.01

Target : RM3.20, RM3.40

Exit : RM2.73

Source: AmInvest Research - 27 Mar 2023

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