KUALA LUMPUR (Aug 15): RHB Retail Research said T7 Global Bhd may rebound higher after it continued holding above the 42 sen support.

In a trading stocks note today, the research house said yesterday’s candle sent the stock to its 1-week high, thereby enhancing the bullish sentiment.

“A positive bias may emerge above the 46 sen level, with an exit set below the 42 sen threshold.

“Towards the upside, the immediate resistance is at the 50 sen level. This is followed by the 53 sen level,” it said.