RHB Retail Research

Trading Stocks: Aeon Co. (M)

rhboskres
Publish date: Fri, 01 Mar 2019, 05:03 PM
rhboskres
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RHB Retail Research

Aeon was testing the MYR1.70 level in its latest session. A bullish bias may be present above this point with a target price of MYR1.80, followed by MYR1.93. The stock may drift sideways if it cannot surpass the MYR1.70 mark in the near term. Support may be found at MYR1.51, where traders can exit upon a breach to limit the downside risk.

Source: RHB Securities Research - 1 Mar 2019

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