LCTITAN (Not Rated)

• LCTITAN climbed 23.0sen (3.77%) to close at RM6.33.
• Over the past two trading days, the share had gapped up upon its opening bell and formed long white-candlesticks, which showed strong buying interest from the market.
• Technical picture is positive with the momentum indicators in a bullish convergence with the uptrend.
• Expect the bullish momentum to continue and lead the share towards RM6.53 (R1). A break above R1 would be significant as the next resistance level is identifiable at RM7.09 (R2).
• Any downside bias will see support levels at RM5.97 (S1) and RM5.62 (S2).

HARTA (Not Rated)

• HARTA gained 78.0 sen (7.1%) to close at RM11.80.
• The share price has been consolidating between RM10.78 (S1) - RM12.14 (R1) for the past two months.
• Chart-wise, HARTA has closed above all key SMAs which are currently in a "Golden Crossover" state.
• Should buying momentum continue, look for a possible retest of key resistance RM12.14 (R1).
• Expecting the technical picture to turn positive once R1 is taken out decisively, with higher resistance at RM13.50 (R2).
• Support levels can be found at RM10.78 (S1) with RM10.60 (S2) further down.

Source: Kenanga Research - 13 Mar 2018