KUALA LUMPUR (Sept 20): RHB Retail Research said Brahim’s Holdings may climb higher after posting a long white candle and hitting its highest close in more than 2.5 months.

In a trading stocks note today, the research house said the upward momentum would likely continue, given that it has breached above the downtrend line drawn in the chart.

“A bullish bias may appear above the 58 sen level, with an exit set below the 50.5 sen threshold.

“Towards the upside, the immediate resistance level is at 71 sen. This is followed by the 77.5 sen level,” it said.