RHB Retail Research
Trading Stocks - Superlon
Superlon was testing the MYR1.36 level in its latest session. A bullish bias may be present above this point with a target price of MYR1.43, followed by MYR1.58. The stock may take a breather if it cannot breach above the MYR1.36 threshold in the coming sessions. Support may be found at MYR1.25, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 19 Feb 2019
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