RHB Retail Research
Trading Stocks - Aemulus
Aemulus may rebound further after it tested MYR0.29 support in its latest session. With the 21-day SMA line edging upwards, this suggests a likelihood of increasing demand in the coming sessions. A positive bias may emerge above the MYR0.30 level, with an exit set below the MYR0.29 threshold. Towards the upside, the immediate resistance is at the MYR0.345 level. This is followed by the MYR0.38 level.
Source: RHB Securities Research - 31 Jul 2019
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