RHB Retail Research says Aemulus Holdings Berhad continued to extend its rebound after it recently tested the rising 21-day SMA line.
In a trading note, the research house says a positive bias may emerge if the stock pushes above the MYR0.29 resistance.
“Resistance points are also pegged at MYR0.305, followed by MYR0.32. A stop-loss can be set below MYR0.27,” it says.