Technical Analysis July 2017: AEMULUS (0181)
AEMULUS HOLDINGS BERHAD
Observation from Chart:-
AEMULUS (0181) retest uptrend resistance level.
Will it retrace down to support level?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K @ overbought stage, pending SELL call.
Immediate support @ RM0.40 level.
Subsequent suport @ RM0.38 level.
Immediate resistance @ RM0.70 level.
If breakout RM0.70 resistance, higher high is confirmed. Uptrend will resume.
Let's watch closely.
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