KUALA LUMPUR (May 30): RHB Retail Research said Power Root Bhd may rise higher after posting a white candle and leaving an upside gap.

In a trading stocks note today, the research house said the 21-day SMA line is now likely to turn upwards, suggesting additional strength may be present in the coming sessions.

“A bullish bias may emerge above the RM1.36 level, with an exit set below the RM1.27 threshold.

“Towards the upside, the immediate resistance is at RM1.46. This is followed by the RM1.58 level,” it said.