KUALA LUMPUR (July 13): RHB Retail Research said TRC Synergy Bhd may rebound higher after it continued holding above the 41 sen support.
In a trading stocks note today, the research house said as the stock rose above the 21-day SMA line, this indicates a positive sign.
“A bullish bias may appear above the 41 sen level, with an exit set below the 41 sen threshold.
“Towards the upside, the near-term resistance is at 48 sen. This is followed by the 55 sen level,” it said.