RHB Retail Research
Trading Stocks - AEON Co. (M)
AEON may rebound further after it tested the MYR1.64 support in its latest session. As the stock marked a higher close vis-à-vis the previous session, this has enhanced the buying momentum. A bullish bias may appear above the MYR1.64 level, with an exit set below the MYR1.64 threshold. Towards the upside, the near-term resistance is at MYR1.78. This is followed by the MYR1.89 level.
Source: RHB Securities Research - 26 Jun 2019
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