RHB Retail Research

Trading Stocks - Superlon

rhboskres
Publish date: Wed, 20 Nov 2019, 10:23 AM
rhboskres
0 9,021
RHB Retail Research

Superlon may climb higher after hitting its highest close in more than six months. As it has formed a long white candle above the 21-day SMA line, the bullish sentiment has been enhanced. A positive bias may emerge above the MYR1.02 level, with an exit set below the MYR0.96 threshold. Towards the upside, the immediate resistance is at the MYR1.14 mark. This is followed by the MYR1.20 leve

Source: RHB Securities Research - 20 Nov 2019

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