RHB Retail Research: Apex Healthcare may rise higher

RHB Retail Research says Apex Healthcare Bhd may rise higher after it formed a second consecutive white candle.

In a trading note, the research house says yesterday’s candle sent the stock to its new 52-week high, thereby enhancing the bullish sentiment.

“An upbeat bias may emerge above the MYR2.44 level, with an exit set below the MYR2.32 mark.

“Towards the upside, the immediate resistance is at the MYR2.70 level, followed by the MYR2.80 threshold,” it says.

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