Possible for trend reversal. SUPERLN is potentially breaking away from itsprior downtrend, with anticipation of continuous improvement in both momentumand trend in the near term. Should immediate resistance level of RM0.945 bebroken with renewed buying interest, it may continue to lift price higher tosubsequent resistance level of RM1.02.
However, failure to hold on to support level of RM0.840 may indicate weakness in the share price and hence, a cut-loss signal.
Source: PublicInvest Research - 18 Sept 2024
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Created by PublicInvest | Nov 05, 2024