Bullish breakoutFollowing a downtrend since 2017 and ATL at 0.075, Aemulus has retraced the collapse by making a V-shaped reversal pattern and continue the rally, making new ATH at the end of August. The price has been in sideway for two months before a recent Bullish breakout early this month. We also note a new Bullish momentum developing in MACD histogram which was preceded by a MACD buy signal coincides with the breakout. Both EMA10 and EMA50 is still intact, strengthen our Bullish view. Our target if the price could break new ATH at 0.70 is 1.00. We would like to change our view if the price close below 0.60.
Disclaimer : The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
AEMULUS trade ideas
AEMULUS - why do you think this counter is doing well now?I am putting some reference to internet materials describing why technology-based counter will be next high performing sector equaling healthcare during Covid19 frenzy. Just look at how much growth for AEMULUS & PENTA from the low of Covid19 until recent close.
Some ideas:
1. Economy is opening up, manufactures are start getting their business in full swing as before
2. Covid19 make technology such as IOT, automation, high speed connectivity & 5G being prioritized
3. Never ending US-China trade war increase the demand for ATE from Chinese manufacturers
Related counters MYX:AEMULUS , MYX:VITROX , MYX:PENTA , MYX:GREATEC , MYX:MI , MYX:ELSOFT , MYX:MMSV & MYX:VIS .
Here are some reference to the related internet content:
www.theedgemarkets.com
“The world is moving into the Industry 4.0 era and artificial intelligence (AI), where more manual and tedious processes across various industries will soon be automated or digitised with smart machines with AI and big data analytics. The demand of such machines is enormous, not only in Malaysia but globally,”
“With Industry 4.0, the manufacturing sector needs ATE and factory automation solutions to stay competitive with high quality and high output. With the advancements and fast-changing semiconductor technology, ATE of high technology and quality is in high demand,”
“Overall, I think both OSAT and ATE companies from Malaysia will continue to see growth potential, owing to our cost-competitiveness, and the advantage we may be enjoying, owing to the US-China trade war. However, I cannot specifically predict which one will grow faster,”
“Some local makers have been receiving requests to build more equipment for their customers, which are already preparing for the market recovery next year. They may want to order the equipment now and put their capacity in place by the end of this year,”
advisory.kpmg.us
"Semiconductor leaders feel that COVID-19 will have a positive impact on the investment, growth, and adoption of 5G, artificial intelligence, and Internet of Things".
www.theedgemarkets.com
www.theedgemarkets.com
www.theedgemarkets.com
www.theedgemarkets.com
FLY TO RM1 LESS THAN 4 MONTHSEVERYONE SHOULD HAVE THIS STOCK IN PORTFOLIO!
First, because this stock is at support price. 2nd, you will see this stock will touch RM1. When? Nobody know.
But one this for sure, you will not regret keeping this stock, because this is something beyond technical analysis.
AEMULUS STAR STEPLT
HHHL + Y1Y2, loop 2 didn’t hit target up @ 0.618 so it is still a sideway
T1<T2 (assuming X2 completed)
there is strong pattern A #1; but weak pattern A #2; and strong pattern A again #3
In conclusion, it is a strong uptrend with W&R; #1 in long term.
There is no power and subtle reversal signs in short term, it might continue going sideway before it goes up.
TP = 1.030
SL = 0.590
Aemulus - Cheap Malaysian Semi StockAemulus 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 read message and comments. Stop wasting your time.
AEMULUS - Long at Key Supports (Long Term Bullish)Opportunity and Risk
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