KUALA LUMPUR (July 26): RHB Retail Research said GHL Systems Bhd may move higher after it formed another white candle and leaving an upside gap.

In a trading stocks note today, the research house said since the 21-day SMA line will likely begin turning upwards, this also implies a positive outlook sentiment.

“A positive bias may emerge above the RM1.47 level, with an exit set below the RM1.33 threshold.

“Towards the upside, the immediate resistance is at the RM1.62 level. This is followed by the RM1.71 level,” it said.