Taliworks may rise higher, says RHB Retail Research

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KUALA LUMPUR (Sept 3): RHB Retail Research said Taliworks Corp Bhd may rise higher after breaching above RM1.40 threshold and leaving an upside gap.

In a trading stocks note today, the research house said this close has sent the stock to its highest close in more than 11 months, thereby enhancing the positive sentiment.

“A bullish bias may emerge above the RM1.40 level, with an exit set below the RM1.22 threshold.

“Towards the upside, the immediate resistance is at RM1.56. This is followed by the RM1.66 level,” it said.