Rakuten Trade Research Reports

Technical View - Aimflex Bhd

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Publish date: Thu, 11 Mar 2021, 06:14 PM
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Aimflex Bhd (AIMFLEX, 0209)

• AIMFLEX closed at RM0.245 yesterday.

• The pull back from recent high with lower volume could represent entry opportunity. With share price remains firmly above key moving average lines which suggest positive technical outlook, share price is like to rebound from current level.

• From here, resistance levels are identified at RM0.265 (R1) and RM0.315 (R2).

• On the downside, support levels are pegged at RM0.240 (S1) and RM0.215 (S2).

Source: Rakuten Research - 11 Mar 2021

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