KLSE Money Maker

Technical Updates – AGESON BHD (KLSE: 7145)

KayElleGuy
Publish date: Sun, 02 Oct 2022, 10:01 PM


With healthier trading volume back in action and supported by RM0.330 (S1) and RM0.295 (S2) respectively, AGES’s MACD against EMA20 & EMA50 indicator is showing a sign of divergence, in which MACD is showing a positive upward momentum and potential short-term trend reversal, the EMA20 is still below EMA50 under day-chart. The immediate short term resistance for AGES is expected to be RM0.345 (R1) before any confirmation of trend reversal on breakout.

SP1, SP2: RM0.330, RM0.295

R1: RM0.345

TP: RM0.395 (+19.69% upside)


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