Aemulus Holdings Bhd (Rm 0.63)

After reading the article 'AEMULUS站在巨人的肩膀与风口' in November 2017, I have started to monitor Aemulus's chart to look for a good entry point.

Aemulus was listed on 15 September 2015 with IPO price at 28 sens. In December 2016 it dropped to a low of 16.5 sens before moving to a high of 71.5 sens in August 2017 to form its major wave 1. After that it started to move side way to form a complex major wave 2.

There is this possibility that the 60.5 sens low on 15 January 2018 is the end of the major wave 2.

From the 30-minute interval chart, it is possible that it has completed its mini wave 3-4 today. If it starts to move lower again tomorrow, that can be the mini wave 5 of the wave c of its sub-wave ii. It is also possible that it may drop to 60 sens again by forming 9 mini waves for this wave c of ii for a 100% retracement.

As long as Aemulus can hold above 60 sens, probability is high that it has started its major wave 3.

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