Signature International may climb higher after it breached above the MYR0.465 threshold. This can be viewed as a continuation of the bulls extending the rebound from 19 Mar’s “Hammer” pattern. A bullish bias may emerge above the MYR0.465 level, with an exit set below the MYR0.42 threshold. Towards the upside, the immediate resistance is at MYR0.54. This is followed by the MYR0.585 level.

Source: RHB Securities Research - 28 Mar 2019