Rakuten Trade Research Reports
Technical View - Aimflex Bhd
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Publish date: Thu, 13 Jan 2022, 06:10 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
Aimflex Bhd (AIMFLEX, 0209)
• Share price closed 6.25% higher at RM0.17 on Wednesday.
• AIMFLEX gained substantial buying interests yesterday. It has formed a rounding bottom pattern recently. Yesterday, its share price also managed to close above its MA20 & MA50 since early of Jan.
• Backed by upticks in its indicators, AIMFLEX is poised to move higher.
• Resistance levels are identified at RM0.180 (R1) and RM0.195 (R2).
• On the flipside, support levels are pegged at RM0.160 (S1) and RM0.140 (S2).
Source: Rakuten Research - 13 Jan 2022
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