RHB Retail Research

Technical Analysis - Aemulus

rhboskres
Publish date: Wed, 06 Jun 2018, 04:53 PM
rhboskres
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RHB Retail Research

Aemulus

Aemulus may move higher after it continued holding above the MYR0.31 support. As the stock rose above the 21-day SMA line recently, this points to a positive sign. A bullish bias may appear above the MYR0.35 level, with an exit set below the MYR0.31 threshold. Towards the upside, the near-term resistance is at MYR0.415. This is followed by the MYR0.44 level.

Source: RHB Securities Research - 6 Jun 2018

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