RHB Investment Research Reports
Trading Stocks - AEON Co
rhbinvest
Publish date: Mon, 21 Mar 2022, 08:58 AM
rhbinvest
0 3,541
An official blog in I3investor to publish research reports provided by RHB Research team.
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
AEON is poised to to climb higher, as it attempted to reach the MYR1.53 resistance level while forming a “higher low” bullish structure above the 21-day average line. If it moves past that level, the stock is expected to propel further towards the MYR1.66 resistance, then MYR1.83. Conversely, falling below the MYR1.41 support should trigger selling pressure below the average line.
Source: RHB Securities Research - 21 Mar 2022
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