RHB Retail Research
Trading Stocks - AEON Co. (M)
AEON Co (M) reacted positively to the MYR0.93 support level to stage a positive intraday price reversal. If the stock crosses above MYR0.985, a stronger rebound may be taking place, with the next resistance levels expected at MYR1.04 and MYR1.10. A downside breach of MYR0.95 would negate this positive price forecast.
Source: RHB Securities Research - 18 Jan 2021
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