Rakuten Trade Research Reports

Technical View - Aemulus Holdings Bhd

rakutentrade
Publish date: Wed, 15 May 2024, 10:56 AM
rakutentrade
0 1,918
An official blog in I3investor to publish research reports provided by Rakuten Trade research team.

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 may trend higher after breaking out from its one-month bullish rectangular pattern as the increased trading volume also sent share price to close above the 20-day EMA yesterday. Given the supportive technical reading in RSI and EMAs, the uptrend may continue in the near term.
  • We expect the rising momentum to steer the stock higher and test the next resistance of RM0.39 (R1), followed by RM0.42 (R2).
  • On the downside, stop-loss is set at RM0.315, below the 24 Apr’s low.

Source: Rakuten Research - 15 May 2024

To sign up for an account : http://bit.ly/40BNqKI

[Youtube Tutorial] Account Opening & Enable Foreign Equity:http://bit.ly/3I5Jzxo

Related Stocks
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment