RHB Investment Research Reports
Trading Stocks - AEON Co.
rhbinvest
Publish date: Mon, 13 Jun 2022, 09:09 AM
rhbinvest
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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 Co. is poised to extend its recent rebound as it managed to reclaim above the 21-day average line last Friday. If it breaches above the MYR1.58 resistance, it is expected to climb further towards MYR1.69, followed by the next resistance at MYR1.75. If it falls below the support level of MYR1.49, the stock may trend downwards below the average line.
Source: RHB Securities Research - 13 Jun 2022
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