Kenanga Research & Investment
Highlights / Stock Picks of the Day - Signature International (SIGN) – Not Rated
Yesterday, SIGN advanced 8 sen to close at RM1.38. Save for an impressive set of 1Q14 results (released at end-Nov), there was little news to support yesterday’s spike in trading volume. Regardless, we note that a “Bullish Flag” has been confirmed as a result of the bullish move. This signals a continuation of SIGN’s prior uptrend, with the “Flagpole” measurement objective indicating a potential move towards RM1.88 next.
Source: Kenanga
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CS Tan
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
