Rakuten Trade Research Reports
Technical View - Aemulus Holdings Bhd
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Publish date: Fri, 02 Apr 2021, 09:33 AM
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All materials published here are prepared by Rakuten Trade. For latest offers on Rakuten Trade products and news, please refer to: https://www.rakutentrade.my/
To sign up for an account: http://bit.ly/40BNqKI
Rakuten Trade
Hotline: +603 2110 7110 (Account Opening, General enquiry)
Email: customerservice@rakutentrade.my
Aemulus Holdings Bhd (AEMULUS, 0181)
• AEMULUS rose 4.3% or 3.5 sen to RM0.84 yesterday.
• Chart-wise, share price has been climbing gradually from the low of RM0.70 and is trading above key moving average lines currently. With a positive candlestick yesterday coupled with upticks in key indicator, we expect the buying momentum to extend.
• First immediate resistance level is seen at RM0.855 (R1), a breakout from this level should be more convincing to see the buying interest to sustain while next resistance level is set at RM1.04(R2).
• On the other hand, support levels are pegged at RM0.79 (S1) and RM0.70 (S2).
Source: Rakuten Research - 2 Apr 2021
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