AEON Bhd, the listed entity that hold Jaya Jusco brand of super and hyper market in Malaysia, saw its share price peak at all time high, 6.08. According to grapevine, this is related to the bid to take over Carrefour Operation in Malaysia, Thailand and Singapore. However, after reaching its peak at 6.08, it is down down all the way. It had fell through its MA 50. Will it continue to dip further or a rebounce is around the corner ?
Time to pause and monitor ....
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