Aturmaju Resources Bhd (7181) 

• ATURMJU rose 4 sen or 12.31% to close at RM0.365 yesterday.
• Yesterday's price closed higher with bullish white candle on the back of higher than average volume after their recent pullback.
• We believe the share price is at the early stage of rebounding as the company has returned to profitability as evidenced in the past 2 quarters with the entry of new shareholders and rejuvenated management
• Resistance levels are expected at RM0.515 (R1) and further to RM0.600 (R2).
• Conversely, support levels can be found at RM0.280 (S1) and RM0.275 (S2).

Source: Rakuten Research - 15 Mar 2019