Aurelius Technologies is set to venture into uncharted territory as it moved past the immediate resistance of MYR1.85, ie the highest level during the recent debut session. On top of the strong trading volume, buying pressure is expected to propel the stock towards the MYR2.00 psychological mark, before continuing to chart a new high of MYR2.20. Conversely, falling below the MYR1.71 support will cancel this expectation.
Source: RHB Securities Research - 22 Dec 2021
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Created by rhboskres | Aug 26, 2024