Aurelius Technologies is poised to extend the technical rebound after it surpassed the immediate resistance. The counter charted a bullish candlestick and closed above the MYR3.50 resistance to confirm a bullish setup. If it stays above the breakout point, the momentum may follow through, lifting it towards MYR3.70, then MYR4. Conversely, falling below the MYR3.35 support will lead to the resumption of a correction.
Source: RHB Securities Research - 30 Jul 2024
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