NAIM (Not Rated)

• NAIM gained 7.0 sen (+7.0%) to close at RM1.07 yesterday.
• Chart-wise the stock has broken above all the key SMAs yesterday, coupled with higher-than-average trading volume.
• Besides, bullish signal from MACD indicator further support the trend reversal.
• Should the share continue heading north, key resistance levels are seen at RM1.14 (R1) and RM1.30 (R2).
• Conversely, key support levels can be seen at RM0.950 (S1) and RM0.850 (S2).

GHLSYS (Not Rated)

• GHLSYS gained 5.0sen (+3.14%) to end at RM1.64 yesterday.
• Chart-wise, the stock continued to close higher following the breakout of key SMAs few days ago.
• Besides, the bullish signal from MACD indicator further support the underlying trend.
• From here on key resistance can be found at RM1.70 (R1) and RM1.80 (R2).
• Conversely, downside supports can be identified at RM1.50 (S1) and RM1.45 (S2).

Source: Kenanga Research - 14 Jan 2020