KUALA LUMPUR (Jan 2):  RHB Retail Research said JF Technology Bhd may climb higher after posting a white candle and hitting its new 52-week high.

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

“A positive bias may emerge above the RM1.48 level, with an exit set below the RM1.40 threshold.

“Towards the upside, the immediate resistance is at the RM1.65 mark. This is followed by the RM1.80 level,” it said.