RHB Investment Research Reports
Trading Stocks - Aurelius Technologies
rhbinvest
Publish date: Thu, 30 Nov 2023, 06:44 PM
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
Aurelius Technologies is poised for a technical breakout, as it bounced off the 21-day SMA line while attempting to surpass the MYR2.73 immediate resistance, on improved volume. If a breakout above that threshold occurs, the stock may climb towards the MYR2.85 resistance, followed by the MYR3 mark. Towards the downside, dropping below the MYR2.60 support would reverse the trend, where it would be trading below the SMA line.
Source: RHB Securities Research - 30 Nov 2023
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