KUALA LUMPUR (May 19): RHB Retail Research said KKB Engineering Bhd may move higher after it formed a second consecutive white candle, leaving an upside gap.

In a trading stocks note today, the research house said with the 21-day SMA line edging upwards, this implies positive sentiment.

“An upbeat bias may emerge above the RM1.80 level, with an exit set below the RM1.63 mark.

“Towards the upside, the immediate resistance is at the RM2.00 level, followed by the RM2.20 threshold,” it said.