KUALA LUMPUR (Jan 24): RHB Retail Research said VisDynamics Holdings Bhd may rise higher after forming a white candle and leaving an upside gap.

In a trading stocks note today, the research house said yesterday’s candle sent the stock to its new 52-week high, thereby enhancing the bullish sentiment.

“A positive bias may emerge above the 67 sen level, with an exit set below the 61.5 sen threshold.

“Towards the upside, the immediate resistance is at 77.5 sen. This is followed by the 80 sen level,” it said.