Thursday 25 Apr 2024
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KUALA LUMPUR (June 28): RHB Retail Research said Ranhill Holdings Bhd may rise higher after it breached above the RM1.20 threshold.

In a trading stocks note today, the research house said this candle has sent the stock to its highest close in more than two months, thereby enhancing the positive sentiment.

“A bullish bias may appear above the RM1.20 level, with an exit set below the RM1.10 threshold.

“Towards the upside, the near-term resistance is at RM1.30. This is followed by the RM1.40 level,” it said.

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