RHB Retail Research

Trading Stocks - Aeon Credit Service (M)

rhboskres
Publish date: Wed, 19 Feb 2020, 10:59 AM
rhboskres
0 9,020
RHB Retail Research

Aeon Credit Service may rebound higher after it continued holding above the MYR12.84 support. As the stock recently rose above the 21-day SMA line, this indicates a positive sign. A positive bias may emerge above the MYR13.20 level, with an exit set below the MYR12.84 threshold. Towards the upside, the immediate resistance is at the MYR14.20 mark, followed by the MYR14.54 level.

Source: RHB Securities Research - 19 Feb 2020

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