Apex Healthcare may rise higher, says RHB Retail Research

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KUALA LUMPUR (May 15): RHB Retail Research said Apex Healthcare Bhd may rise higher after it formed a second consecutive white candle.

In its trading stocks note today, the research house said yesterday’s candle sent the stock to its new 52-week high, thereby enhancing the bullish sentiment.

“An upbeat bias may emerge above the RM2.44 level, with an exit set below the RM2.32 mark.

“Towards the upside, the immediate resistance is at the RM2.70 level, followed by the RM2.80 threshold,” it said.