AE Multi may have completed its sideways consolidation, says RHB Retail Research

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KUALA LUMPUR (Sept 4): RHB Retail Research said AE Multi Holdings Bhd may have completed its sideways consolidation in the latest session as it staged a positive intraday price reversal from the 15 sen support.

In a trading stocks note today, the research house said a positive bias may emerge above 16 sen with resistance points pegged at 18 sen and 20 sen.

“A stop-loss can be placed below 16 sen,” it said.

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