RHB Retail Research
Trading Stocks - Signature International
Signature International’s upside move may persist after it continued holding above the 21-day SMA line. Given that the stock has formed a “Hammer” pattern on 19 Apr, this indicates a potential rebound. A bullish bias may emerge above the MYR0.505 level, with an exit set below the MYR0.48 threshold. Towards the upside, the immediate resistance is at MYR0.565. This is followed by the MYR0.60 level.
Source: RHB Securities Research - 13 May 2019
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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....
