Apex Healthcare may rise higher, says RHB Retail Research

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KUALA LUMPUR (Nov 21): RHB Retail Research said Apex Healthcare Bhd may rise higher after it formed a second consecutive long white candle.

In a trading stocks note today, the research house said this close has sent the stock to its new 52-week high, thereby enhancing the positive sentiment.

“A bullish bias may emerge above the RM8.70 level, with an exit set below the RM8 threshold.

“Towards the upside, the immediate resistance is at RM9.50. This is followed by the RM10 level,” it said.