RHB Retail Research

Trading Stocks - Aemulus

rhboskres
Publish date: Thu, 30 Jan 2020, 05:51 PM
rhboskres
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RHB Retail Research

At the time of writing, Aemulus was recently trading below the MYR0.215 threshold. A bullish bias may be present above this point with a target price of MYR0.225, followed by MYR0.24. The stock may consolidate further if it cannot breach above the MYR0.215 level in the near term. Support may be found at MYR0.205, where traders can exit upon a breach to limit the downside risk.

Source: RHB Securities Research - 30 Jan 2020

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