KUALA LUMPUR (Jan 24): RHB Retail Research said Greatech Technology Bhd may climb higher after posting a long 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.

“A positive bias may emerge above the RM2.70 level, with an exit set below the RM2.49 threshold.

“Towards the upside, the immediate resistance is at the RM3.00 mark. This is followed by the RM3.30 level,” it said.