Rakuten Trade Research Reports

Technical View - Aemulus Holdings Bhd (AEMULUS,0181)

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Publish date: Thu, 11 Jun 2020, 12:14 PM
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Aemulus Holdings Bhd (0181)

• AEMULUS rose 3.5 sen or 14.6% to RM0.275 yesterday.

• AEMULUS is on the verge of an imminent bullish breakout with increasing volume. Chart-wise, the RSI is flashing positive signals thus share price is expected to head towards the RM0.30 level and beyond.

• From here, resistance levels are identified at RM0.300 (R1) and RM0.325 (R2).

• On the downside, support levels are seen at RM0.230 (S1) and RM0.200 (S2).

Source: Rakuten Research - 11 Jun 2020

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