RHB Retail Research
Trading Stocks - AEON Co. (M)
AEON Co. (M) formed a white candle, decisively crossing above the MYR0.75 resistance on strong volume. This is an indication that its sharp multi-month retracement phase may have reached an interim low and a counter-trend rebound is likely in the making. A positive bias may appear above MYR0.75 with resistance points expected at MYR0.83 and MYR0.90. This bias would stay provided the MYR0.74 support does not fail.
Source: RHB Securities Research - 16 Nov 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....
