• AEMULUS closed 0.5 sen or 2.22% higher to RM0.23 yesterday.
• Share price closed above all key moving averages yesterday indicating strong buying interest. Furthermore, key momentum indicator RSI is flashing positive signs hence it could stage a breakout and head towards RM0.30 level.
• From here, resistance levels are identified at RM0.255 (R1) and RM0.300 (R2).
• On the downside, support levels are seen at RM0.200 (S1) and RM0.170 (S2).
Source: Rakuten Research - 4 Jun 2020
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Created by rakutentrade | Jul 18, 2024