Aemulus possible to break ATH and sit above 1.050

Sitting well above trend line support, this counter has potential to go up further due to strong banker chip presence and healthy RSI below 60. Bullish MACD Crossover is predicted to happen anytime soon for next few trading days. This counter needs to be solidly closed above 95 sen next week to be seen as a strong mid to long term counter priced between RM1~1.50.

Disclaimer: Trade at your own risk.

Comment:

Not going as expected as the market is spooked by external negative sentiment. Inverted hammer appears as a sign of reversal in the downtrend in the H1 chart although ideally the wick should be longer.