KUALA LUMPUR (May 14): RHB Retail Research said Komarkcorp Bhd may move higher after it continued holding above the 27.5 sen support.

In its trading stocks note today, the research house said yesterday’s candle formed a “Hammer” pattern, implying a potential rebound.

“A bullish bias may appear above the 30 sen level, with an exit set below the 27.5 sen threshold.

“Towards the upside, the near-term resistance is at 35 sen. This is followed by the 39 sen level,” it said.