KUALA LUMPUR (April 17): RHB Retail Research said Jaya Tiasa Holdings Bhd may climb higher after it breached above the 60 sen threshold.

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

“A bullish bias may emerge above the 60 sen level, with an exit set below the 56.5 sen threshold.

“Towards the upside, the immediate resistance is at 65.5 sen. This is followed by the 69 sen level,” it said.