Aeon Credit should resume its upward trend after closing at its highest yesterday. A position can be initiated above RM11.30, with a close below Tuesday’s gap of RM10.92 as stop-loss. The price target is RM14.00, with selling also expected at RM13.00. Failure to stay above RM11.30 should see a return in selling, with a trigger of the stop-loss as confirmation. Strong support lies at the psychological RM10.00.
Source: OSK
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