KUALA LUMPUR (April 27): AmInvestment Bank Research said RGB International Bhd may resume its uptrend after sustaining above the 30.5 sen level in its latest session, albeit marginally.

In a stocks on radar note today, the research house said with a neutral RSI level, a bullish bias may be present above this point with a target price of 36 sen.

“Nonetheless, it may consolidate further if it cannot hold above the 30.5 sen level in the near term.

“In this case, support is anticipated at 28 sen, whereby traders may exit on a breach to avoid the risk of a further correction,” it said.