KUALA LUMPUR (July 22): RHB Retail Research said Heveaboard Board’s 2-week correction phase may have reached an end – it formed a white candle to cross above the 21-day SMA line.

In a trading stocks note today, the research house said a positive bias may emerge above the 44 sen level, with the resistance marked at 48 sen followed by 51.5 sen.

“We recommend that investors set stop-loss at 44 sen,” it said.