KUALA LUMPUR (March 7): RHB Retail Research said Malton Bhd may trend higher after posting a long white candle and hitting its new 52-week high. In a trading stocks note today, the research house said this can be viewed as a continuation of the bulls extending the rebound from February 17’s “Bullish Harami” pattern. “A bullish bias may appear at above the 94 sen level, with an exit set below the 85.5 sen threshold. “Towards the upside, the immediate resistance level is anticipated at RM1.03. This is followed by the RM1.17 level,” it said.

Source: The Edge Markets March 07, 2017 00:45 UTC