RHB Retail Research
Trading Stocks - Aemulus
Aemulus may trend higher after it formed a long white candle and breached above the MYR0.30 mark. With the 21-day SMA line edging upwards, this implies a positive outlook sentiment. A positive bias may emerge above the MYR0.295 level, with an exit set below the MYR0.26 threshold. Towards the upside, the immediate resistance is at the MYR0.345 level. This is followed by the MYR0.375 level.
Source: RHB Securities Research - 21 Aug 2019
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