RHB Investment Research Reports
Trading Stocks - Aurelius Technologies
rhbinvest
Publish date: Fri, 07 Jul 2023, 10:42 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
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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
Aurelius Technologies is eyeing a technical breakout as its price is trading sideways near the MYR2.40 immediate resistance – the price is also above the rising 21-day SMA line. A break above the immediate resistance will signal a bullish reversal and the stock could then climb towards the MYR2.56 recent high, followed by the MYR2.80 resistance. Conversely, if it drops below the MYR2.10 support, this suggests a bearish trend.
Source: RHB Securities Research - 7 Jul 2023
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