RHB Investment Research Reports
Trading Stocks - Superlon Holdings
rhbinvest
Publish date: Thu, 14 Dec 2023, 09:29 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 poised for a bullish breakout, as it climbed to test the immediate resistance point of MYR0.72 on improved trading volume. If a breakout happens above that level, the stock is likely to propel strongly towards MYR0.765, before heading for the next resistance of MYR0.81. On the other hand, falling below the MYR0.695 support will negate the bullish setup.
Source: RHB Securities Research - 14 Dec 2023
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