Rakuten Trade Research Reports
Technical View - Aemulus Holdings Bhd (AEMULUS, 0181)
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Publish date: Tue, 22 Jun 2021, 01:06 PM
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• AEMULUS ended 1.2% or 1 sen higher to RM0.845 yesterday.
• AEMULUS is currently extending its upward movement after testing its resistance with improving volume recently. Key indicators are flashing stronger buying momentum as signalled by upticks in RSI and thus we see higher possibility for AEMULUS to trend higher.
• From here, resistance levels are projected at RM0.925 (R1) and RM0.945 (R2).
• For downside support, support levels are pegged at RM0.81 (S1) and RM0.78 (S2).
Source: Rakuten Research - 22 Jun 2021
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