KUALA LUMPUR (June 26): RHB Retail Research said Poh Kong Holdings Bhd may climb higher after it breached above the 52 sen threshold.

In a trading stocks note today, the research house said in view that the 21-day SMA line is likely to begin turning upwards, this also implies a positive outlook.

“A bullish bias may appear above the 52 sen level, with an exit set below the 47.5 sen threshold.

“Towards the upside, the near-term resistance is at 60 sen. This is followed by the 64 sen level,” it said.