RHB Investment Research Reports
Trading Stocks - Superlon Holdings
rhbinvest
Publish date: Thu, 22 Feb 2024, 11:16 AM
rhbinvest
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An official blog in I3investor to publish research reports provided by RHB Research team.
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
Superlon Holdings is set to resume its uptrend after climbing above the MYR0.83 immediate resistance with strong trading volume. The bullish momentum above that level is likely to persist, propelling the stock towards the 52-week high level at MYR0.89, followed by the next resistance at MYR0.94. However, a decline below the MYR0.80 support would trigger a downward movement.
Source: RHB Securities Research - 22 Feb 2024
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