Rakuten Trade Research Reports
Technical View - Aemulus Holdings Bhd (AEMULUS, 0181)
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Publish date: Sat, 26 Jun 2021, 01:06 PM
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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 advanced 6 sen or 6.3% to RM1.02 last Friday.
• AEMULUS is on a bullish uptrend and is trading above all key moving average lines. The stock had just hit its all-time high of RM1.05 recently. With upticks in key indicator and higher volume that implies strong buying force, we expect share price to challenge higher level.
• Immediate resistance level is at RM1.05 (R1) and next at RM1.15 (R2).
• On the contrary, support levels are seen at RM0.945 (S1) and RM0.925 (S2).
Source: Rakuten Research - 6 Sept 2021
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