$SUPERLN (7235.MY)$ Superlon Holdings Bhdis showing bullish potential, having rebounded to close at RM1.11 on July 17. The counter is showing renewed buying interest with levels to watch including immediate resistance at RM1.12. Breaking above this level could propel the stock towards the next resistance at RM1.19 and further to RM1.26. On the downside, support levels are at RM1.05, a recent low, and RM1.01, providing a solid foundation agains...
$SUPERLN (7235.MY)$ Trade what you see, not what you think. Adapt to changing markets. Beginner traders: Focus on buying at the bottom and selling at the top. Profitable traders: Look for high-probability moves while protecting their downside.
IX 9
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depend on own position and holding power. 1.050 as support (at this moment). got some signal it may rebound on next week. wild guess 10% ~ 15% from current support i.e. 1.050.
$SUPERLN (7235.MY)$sell on news? Rubber products manufacturer SUPERLN said its net profit jumped more than threefold for the fourth quarter that ended April 30, 2024 (4QFY2024), thanks to higher gross profit amid increased demand for its products and lower effective group taxation. Net profit surged to RM2.05 million from RM608,000, as revenue climbed 26.4% to RM30.9 million from RM24.43 million a year earlier due to higher sales volume. The increase in pro...
Good morning mooers! Here are things you need to know about today's market: ●US Stocks Drop on Slowing Inflation and Strong Consumer Sentiment Data ●Johor Causeway Celebrates Centenary as Monument of Malaysia-Singapore Diplomatic Relations ●No Increase in Electricity Tariffs for Peninsular Malaysia Users Until Year-End ●Stocks to watch: Maxis, CelcomDigi, YTL Power, TM -moomoo News MY Wall Street Summary US st...
$SUPERLN (7235.MY)$Coming qtr will be Good! Hot weather in Asia means more cooling needed and thermal insulation where Superlon is a major player. and Data Centres need 24 hours of air conditioning, Superlon is in the right spot to benefit from thermal insulation demand.
SUPERLN Stock Forum
Superlon Holdings Bhdis showing bullish potential, having rebounded to close at RM1.11 on July 17. The counter is showing renewed buying interest with levels to watch including immediate resistance at RM1.12. Breaking above this level could propel the stock towards the next resistance at RM1.19 and further to RM1.26.
On the downside, support levels are at RM1.05, a recent low, and RM1.01, providing a solid foundation agains...
Trade what you see, not what you think. Adapt to changing markets.
Beginner traders: Focus on buying at the bottom and selling at the top.
Profitable traders: Look for high-probability moves while protecting their downside.
Rubber products manufacturer SUPERLN said its net profit jumped more than threefold for the fourth quarter that ended April 30, 2024 (4QFY2024), thanks to higher gross profit amid increased demand for its products and lower effective group taxation.
Net profit surged to RM2.05 million from RM608,000, as revenue climbed 26.4% to RM30.9 million from RM24.43 million a year earlier due to higher sales volume. The increase in pro...
●US Stocks Drop on Slowing Inflation and Strong Consumer Sentiment Data
●Johor Causeway Celebrates Centenary as Monument of Malaysia-Singapore Diplomatic Relations
●No Increase in Electricity Tariffs for Peninsular Malaysia Users Until Year-End
●Stocks to watch: Maxis, CelcomDigi, YTL Power, TM
-moomoo News MY
Wall Street Summary
US st...
and Data Centres need 24 hours of air conditioning, Superlon is in the right spot to benefit from thermal insulation demand.
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