AEMULUS

Sector: Technology

Analyzed on: 25/07/21

AEMULUS has broken its resistance level of RM0.935, and reached a high of RM1.05 before closing at RM1.02 to end the week in a bullish tone. Its resistance level of RM0.935, has now changed to be an immediate support level. EMA25/50 are curving upwards but we do expect the share price to retrace for some healthy correction. As long as EMAs are still trending up and higher highs and higher lows are forming, the uptrend is still intact.

Reason to Monitor:  Uptrend stock, trending sector driven by 5G prospects

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NOTT INVEST 

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