KUALA LUMPUR (May 14): RHB Retail Research said QES Group may rebound further after it tested the 14.5 sen support in recent sessions.

In a trading stocks note today, the research house said yesterday’s white candle sent the stock to its 2-month high, thereby enhancing the bullish sentiment.

“An upbeat bias may emerge above the 16 sen level, with an exit set below the 14.5 sen mark.

“Towards the upside, the immediate resistance is at the 20 sen level, followed by the 21.5 sen threshold,” it said.