KUALA LUMPUR (Nov 28): RHB Retail Research said KKB Engineering Bhd may move higher after forming a long white candle and hitting its highest close in more than three months.

In a trading stocks note today, the research house said in view that the 21-day SMA line would likely begin to turn upwards, this is an indication of a positive sign.

“A bullish bias may appear above the 95 sen level, with an exit set below the 82 sen threshold.

“Towards the upside, the near-term resistance level is at RM1.10. This is followed by the RM1.28 level,” it said.