Signature International may trend higher after forming another white candle and leaving an upside gap. With the 21-day SMA line edging upwards, this also implies a positive outlook sentiment. A bullish bias may appear above the MYR0.50 level, with an exit set below the MYR0.445 threshold. Towards the upside, the near-term resistance is at MYR0.56. This is followed by the MYR0.60 level.
Source: RHB Securities Research - 8 Apr 2019
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Created by rhboskres | Aug 26, 2024