AmInvest Research Reports
Stock on Radar - Aurelius Technologies
AmInvest
Publish date: Tue, 28 May 2024, 10:55 AM
AmInvest
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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)
Aurelius Technologies may trend higher after it broke above the RM3.30 resistance with another long positive candle yesterday. As the stock has climbed to a new historical high, a bullish outlook can be anticipated here. A bullish bias may emerge above the RM3.30 level with stop-loss set at RM2.98, below the 20-day EMA. Towards the upside, near-term resistance level is seen at RM3.60, followed by RM3.80.
Entry : RM3.30–3.37
Target : RM3.60, RM3.80
Exit : RM2.98
Source: AmInvest Research - 28 May 2024
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