Aemulus may trend higher after it formed another white candle and breached above the MYR0.21 mark. Given this is the second consecutive white candle, the positive sentiment has been enhanced. A bullish bias may appear above the MYR0.21 level, with an exit set below the MYR0.175 threshold. Towards the upside, the near-term resistance is at MYR0.24. This is followed by the MYR0.265 level.
Source: RHB Securities Research - 3 Jul 2019
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Created by rhboskres | Aug 26, 2024