KUALA LUMPUR (April 3): RHB Retail Research said Hartalega Holdings Bhd may rise higher after it formed another white candle and breached above the RM6.00 threshold.

In a trading stocks note today, the research house said this close has sent the stock to its new 52-week high, thereby enhancing the bullish sentiment.

“A bullish bias may emerge above the RM6.00 level, with an exit set below the RM5.70 threshold.

“Towards the upside, the immediate resistance is at RM6.50. This is followed by the RM7.00 level,” it said.