KUALA LUMPUR (April 24): RHB Retail Research said Duopharma Biotech Bhd may rebound further after it tested the RM1.44 support in recent sessions.
In a trading stocks note today, the research house said as the stock marked a higher close vis-à-vis the previous sessions since April 22, this indicates a positive sign.
“An upbeat bias may emerge above the RM1.51 level, with an exit set below the RM1.44 mark.
“Towards the upside, the immediate resistance is at the RM1.67 level, followed by the RM1.78 threshold,” it said.