RHB Retail Research
Trading Stocks - AME Elite Consortium
AME Elite Consortium may rebound further after it tested the MYR1.81 support in recent sessions. As the stock has recorded a new 52-week high, the positive sentiment has been enhanced. A positive bias may emerge above the MYR1.87 level, with an exit set below the MYR1.81 threshold. Towards the upside, the immediate resistance is at the MYR2.00 mark. This is followed by the MYR2.10 level.
Source: RHB Securities Research - 22 Nov 2019
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