KUALA LUMPUR (July 4): RHB Retail Research said Aemulus Holdings Bhd may trend higher after it formed a long white candle and breached above the 40 sen threshold.
In a trading stocks note today, the research house said in view that the 21-day SMA line will likely begin turning upwards, this is a positive sign.
“A bullish bias may appear above the 40 sen level, with an exit set below the 35.5 sen threshold.
“Towards the upside, the near-term resistance is at 45.5 sen. This is followed by the 52 sen level,” it said.
So good you ma buy lo. Buy more but price drop. U trust me sincere analyst you won’t burn hand. U trust ciplak analyst from mass media, 10x life also not enough to die
from the price chart starting from end of May till now, it demonstrated a higher low & higher high candlestick. This might a early signal of the up trend coming. However, the gap on 17& 18th April has not yet closed up. Therefore, beware of the resistance at 0.44. Once the 0.44 gap is closed up nicely, the up trend way will be smoother to sail.
from the prospect of BB, daily chart show the upper & lower band start open widely (upper band moves upward & lower band moves downward). For hourly chart, the BB band already open wide. However, due to the yesterday 4pm candlestick exceeded the upper band, today retreat is the normal reaction. No worries. Once the candlestick back to its medium band, the price movement up shall continue.
sincere-analyst, there is no point you make so much negative statement over here. We all here just share the opinion in term of the technical point of view. In fact, yet to witness who can laugh till the end. As you shared before this share once reach 0.40 will drop back & continue drop further. But as for these 2 days price action, your comment is already invalidate.
For my opinion, above 0.40 is considered overvalue already, 0.30-0.35 is fair value, if below 0.30 is undervalue then i will buy more. I look at the fundamental instead of technical.
technically this Aemulus is gaining momentum will continuous to uptrend ....business is expanding as theh have recently bought a land for their ever growing business ...their existing building in bayan lepas has already reach it full capacity . my brother in law is working under this company
Pity those that bought 425 after reading the news n technical analysis posted by water leg sifu. You better pray got another batch of sochai to catch the knife or forever stay in presidential suite.
Sold..cut loss at 40sens....Monday t4 for heavy volume....trading might be cautious.. But something seems to be brewing.....425 is the next level to watch..
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....
tw01
813 posts
Posted by tw01 > 2018-07-03 09:29 | Report Abuse
buy and hold to push break 41c wall and it may fly !