Aemulus has confirmed its completion of wave-3(ii). The launch of wave-3(iii) is now in progress. Target price at fib 2.382 (0.485)
Aemulus is still cheap and small compared to other semi stocks in the Malaysian market. Market timing is everything. And being at the right place and right time is also another thing. This is how the rich get richer, they invested in the "theme". All boats rise. Looks at the volume, you can't fake the volume. Regards. Please don't reach out to me, I don't...
Opportunity and Risk DISCLAIMER: This analysis is for educational and informational purposes only. It is based on my personal view in the market from a technical standpoint. None of information posted in this page can be used as investment decisions except for educational purpose only. Do not trade solely on the information posted in this page. Trade at your own...
MYX:NIHSIN Producer of protective mask, PPE & hand sanitizer. MYX:KOMARK Packaging machinery and self-adhesive label maker, plan a PP for venturing into face mask business. MYX:AEMULUS ATE supplier and semiconductor business.
MY view on AEMULUS. Dont trap to buy or ride the trend when volume is high as the price already at sell zone area. Just watch price action at this area as price may trap traders with bull trap. For better entry, wait price retrace to decision point.
Awaiting for the best entry for AEMULUS perhaps at 0.220. STrategy is to swing for the next few weeks. Best case, the price will move uptrend after 0.220. Worst case if the price went down to the strong support at 0.190, you may consider to average down and second strong support at 0.180 and to cut loss if the price went down to 0.170. Bismillah & Enter
This is a personal view and do not constitute any buy/sell call.
AEMULUS closed above previous resistance from a ascending triangle pattern.If buying increase in the following days, price is poised to test T1. Staggered profit taking is suggested at 50% and 78% of the target. Support is at S1 (along red line).