RHB Retail Research
Trading Stocks - Aemulus
Aemulus may rebound higher after it continued holding above the MYR0.225 support. Given that it has formed a long white candle above the rising 21-day SMA line, this means that the bullish sentiment has been enhanced. A bullish bias may appear above the MYR0.255 level, with an exit set below the MYR0.225 threshold. Towards the upside, the near-term resistance is at MYR0.30. This is followed by the MYR0.33 level.
Source: RHB Securities Research - 22 Feb 2019
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