Technical Stockpick - Aeon Co M Bhd
Tue, 30-Sep-2025 07:44 am
by Research Team • Apex Research

AEON (6599)
Last Price (RM)
1.320
Resistance (RM)
R1 — 1.470 / R2 — 1.530
Support (RM)
S1 — 1.230

Technical Commentary: 

The stock has rebounded from its recent low of RM1.23, underpinned by improving momentum indicators and rising volumes. Price action has regained ground above the short-term moving averages, suggesting a potential shift in near-term sentiment. The immediate focus is on the RM1.35 level, where a breakout could unlock further upside toward the resistance zone at RM1.47-RM1.53. On the downside, RM1.23 serves as immediate support.

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.210441 4.239882
EUR 4.923515 4.928567
CNY 0.592481 0.593084
HKD 0.542037 0.545833
SGD 3.252915 3.275864