RHB Retail Research
Trading Stocks - Aeon Co (M)
Aeon’s buying momentum may have returned after it rose above the 21-day SMA line. Last Friday’s candle sent the stock to its 3-week high, thereby enhancing the bullish sentiment. A positive bias may emerge above the MYR1.34 level, with an exit set below the MYR1.28 threshold. Towards the upside, the immediate resistance is at the MYR1.45 mark. This is followed by the MYR1.51 level.
Source: RHB Securities Research - 2 Mar 2020
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
