Rakuten Trade Research Reports
Technical View - Aeon Credit Service (M) Bhd (AEONCR, 5139)
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Publish date: Thu, 24 Jun 2021, 06:08 PM
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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
• AEONCR closed 0.7% or 8 sen higher to RM12.16 yesterday.
• AEONCR is currently testing immediate resistance level of RM12.20 and could be on the verge of forming a resistance breakout. Backed by higher trading volume and improving buying interest, share price is expected to break the resistance level and chart higher.
• Should it able to break RM12.20, next resistance levels are projected at RM12.38 (R1) and RM12.90 (R2).
• For downside, support levels are set at RM11.90 (S1) and RM11.84 (S2).
Source: Rakuten Research - 24 Jun 2021
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