KUALA LUMPUR (June 24): RHB Retail Research said SKP Resources Bhd has been consolidating over the recent session below the RM1.40 resistance mark, following its recent sharp upward move.

In a trading stocks note today, the research house said an upside breach of this level could mark an extension of the upward move, while the following resistance levels are at RM1.49, followed by RM1.56.

“A stop-loss can be set below RM1.35,” it said.