RHB Retail Research
Trading Stocks - AME Elite Consortium
AME Elite Consortium trended higher to challenge the MYR1.95 point, the resistance of the sideway zone. If it breaks out from the resistance, it may rise higher towards the next resistance levels of MYR2.02, followed by MYR2.12. A downside breach of the MYR1.83 support level should lead to a further share price correction.
Source: RHB Securities Research - 2 Oct 2020
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