Aemulus
Aemulus Road to 1.00Aemulus’ road to 1.00 is still valid after the major tech correction in mid February. Forming perfect higher lows pattern in the span of 1 month with solid red MCDX banker chips. ATH 1.040 is achievable within weeks. It is a solid candidate for my Sen to Ringgit champ list alongside Esceram, QES, Luster and JAKS.
Perfect for entry now with Fibo support at 865 and resistances to break at 930, 975 and 1040.
Disclaimer: Trade at your own risk.
Aemulus - dropping to Strong Support?The plunge seems stabilizes. It is a big possibility we're seeing a reversal towards bullish movement if today's candle closes as a bullish one. Bankers are intact at 68% and reduction of volume is healthy.
Support at 810~830 and resistants at 900, 950, 980 and 1040.
Aemulus possible to break ATH and sit above 1.050Sitting 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.
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
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.