KUALA LUMPUR (Feb 15): RHB Retail Research said CSC Steel Holdings Bhd may rise higher after it breached above the RM1.60 threshold.

In a trading stocks note today, the research house said this close has sent the stock to its highest close in more than two months, thereby enhancing the positive sentiment.

“A bullish bias may emerge above the RM1.60 level, with an exit set below the RM1.53 threshold.

“Towards the upside, the immediate resistance level is at RM1.76. This is followed by the RM1.84 level,” it said.