KUALA LUMPUR (Mar 23): RHB Retail Research said Berjaya Sports Toto Bhd may climb higher after hitting its highest close in more than two weeks.

In a trading stocks note today, the research house said this can be viewed as a continuation of the bulls extending the rebound from March 16’s “Hammer” pattern.

“A bullish bias may appear above the RM2.16 level, with an exit set below the RM2.06 threshold.

“Towards the upside, the near-term resistance level is at RM2.27. This is followed by the RM2.32 level,” it said.