KUALA LUMPUR (Sept 19): RHB Retail Research said WCT Holdings Bhd may climb higher after forming another white candle and leaving an upside gap.

In a trading stocks note today, the research house said the upward momentum would likely continue, given it has breached above the downtrend line drawn in the chart.

“A bullish bias may appear above the 88.5 sen level, with an exit set below the 79.5 sen threshold.

“Towards the upside, the near-term resistance is at RM1.00. This is followed by the RM1.10 level,” it said.