Aeon Credit Service may climb higher after forming a white candle and hitting its new 52-week high. With the 21-day SMA line edging upwards, this also implies a positive outlook sentiment. A bullish bias may appear above the MYR16.20 level, with an exit set below the MYR15.66 threshold. Towards the upside, the near-term resistance is at MYR17. This is followed by the MYR18 level.

Source: RHB Securities Research - 12 Feb 2019