KUALA LUMPUR (April 27): RHB Retail Research said BSL Corporation Bhd’s buying momentum may have returned after posting a long white candle above the rising 21-day SMA line.

In a trading stocks note today, the research house said  yesterday’s long white candle can be viewed as the bulls extending the upward momentum from April 4’s upside gap.

“A bullish bias may appear at above the 55 sen level, with an exit set below the 49 sen threshold.

“Towards the upside, the near-term resistance level is at 66.5 sen. This is followed by the 75 sen level,” it said.