KUALA LUMPUR (Nov 13): RHB Retail Research said Radiant Globaltech Bhd may rebound higher after it continued holding above the 23.5 sen support.
In a trading stocks note today, the research house said given that the stock has breached above the downtrend line drawn in the chart, this indicates a positive sign.
“A bullish bias may appear above the 28.5 sen level, with an exit set below the 23.5 sen threshold.
“Towards the upside, the near-term resistance is at 34.5 sen. This is followed by the 37 sen level,” it said.