DRBHCOM (Not Rated)
• DRBHCOM gained 5.0 sen (+2.13%) to close at RM2.40 yesterday.
• Since mid-May, the share has been on an uptrend after testing its support at the 100-Day SMA.
• Despite an overbought RSI, we believe that the buying momentum may persist given its healthy key SMAs and strongerthan-average trading volume.
• Should the rally continue, resistances can be found at RM2.50 (R1) and RM2.60 (R2).
• Conversely, key support levels can be identified at RM2.30 (S1) and RM2.10 (S2).

IWCITY (Not Rated)
• Yesterday, IWCITY slipped 8.0 sen (-7.41%) to end at RM1.00, on the back of stronger-than average trading volume.
• Chart-wise, the share has been consolidating below (R1) following its several failed attempts to test the key resistance level.
• Coupled with a bearish MACD crossover, yesterday’s long bearish candle has prompted us to believe that the share may
retrace further.
• Should the bearish momentum persist, we expect the share to find supports at RM0.860 (S1) and RM0.715 (S2).
• Resistance levels, on the other hand, can be identified at RM1.11 (R1) and RM1.20 (R2).