0107 GMT - AEM Holdings' share price may rise after holding major support on the technical chart, Phillip Securities Research's Zane Aw says in commentary. The share price on Tuesday held support at S$1.75, a prior double-top resistance, after retesting this support, the analyst notes. The moving average convergence divergence indicator also shows a rising momentum trend and has been staying above the zero line, supporting the bullish view, Aw says. The share price is likely to trend higher and reach S$2.47, a previous horizontal resistance level formed between February and April of 2024, the analyst adds. Shares are 0.55% higher at S$1.83. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
September 30, 2025 21:07 ET (01:07 GMT)
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