Nott Invest

ATAIMS - Technical Analysis

Nott_Invest
Publish date: Sun, 27 Jun 2021, 02:24 PM
Nott Invest Analyses

ATAIMS

Sector: Semiconductor / Electronic Manufacturing Service (EMS)

 

 

ATAIMS turned weaker and closed the week below its support level of RM2.55 amid the low trading value and generally bearish sentiment in KLCI. Second stronger support would be at RM2.36 level. Both EMA 25 and 50 are trending down after a dead cross occurred in Mid-May. Unless reversal occur, short term investor/ trader should exercise cautious.

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