AmInvest Research Reports
Stock on Radar - Aurelius Technologies
AmInvest
Publish date: Thu, 27 Jun 2024, 09:49 AM
AmInvest
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All materials published here are prepared by AmInvest. For latest offers on AmInvest trading products and news, please refer to: https://www.aminvest.com/eng/Pages/home.aspx
Tel: +603 2036 1800 / +603 2032 2888
Fax: +603 2031 5210
Email: enquiries@aminvest.com
Office Hours
Monday to Thursday: 8:45am – 5:45pm
Friday: 8:45am – 5:00pm
(GMT +08:00 Malaysia)
Aurelius Technologies may rise higher after testing its 20-day EMA and rebounded higher a few sessions ago. The stock pushing near its all-time high and supported by rising EMAs likely indicates that the upward momentum may be picking up. A bullish bias may emerge above the RM3.50 level with stop-loss set at RM3.26, below the 50-day EMA. Towards the upside, nearterm resistance level is seen at RM4.00, followed by RM4.20.
Entry : RM3.50–3.66
Target : RM4.00, RM4.20
Exit : RM3.26
Source: AmInvest Research - 27 Jun 2024
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