Saturday 18 May 2024
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KUALA LUMPUR (July 14): RHB Retail Research said Superlon Holdings Bhd may rise higher after posting a white candle and leaving an upside gap.

In a trading stocks note today, the research house said given that it has formed a white candle for the third consecutive day, the positive sentiment has been enhanced.

“A bullish bias may emerge above the RM2.30 level, with an exit set below the RM2.12 threshold.

“Towards the upside, the immediate resistance level is seen at the RM2.50 level. This is followed by the RM2.70 level,” it said.

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