Scicom may climb higher after it recently breached above the downtrend line drawn in the chart. Given that the stock has formed a white candle for the second consecutive session, the positive sentiment has been enhanced. A bullish bias may emerge above the MYR1.03 level, with an exit set below the MYR0.925 threshold. Towards the upside, the immediate resistance is at MYR1.18. This is followed by the MYR1.28 level.

Source: RHB Securities Research - 29 Apr 2019