Superlon formed a “Bullish Engulfing” pattern, after it tested the MYR0.64 support level twice in recent sessions – which indicates that an interim low is in place. A positive bias may emerge above this level while resistance points are at MYR0.705, followed by MYR0.73. A stop-loss can be placed below MYR0.64.
Source: RHB Securities Research - 3 Jun 2020
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Created by rhboskres | Aug 26, 2024