FOCUS (Not Rated)

• FOCUS rose 1.0 sen (+1.57%) to close at RM0.645 yesterday.
• Chart-wise, the stock rebounded upon touching the 20-days SMA line, backed by higher-than-average trading volume.
• Yesterday, the stock broke above the “Flag” continuation pattern, signalling the continuation of an upward movement.
• Should the buying momentum persist, key resistance levels are seen at RM0.680 (R1) and RM0.760 (R2).
• Conversely, key support levels can be seen at RM0.600 (S1) and RM0.550 (S2).

GREATEC (Not Rated)

• GREATEC was up by 2.0 sen (+0.68%) to finish at RM2.97 yesterday.
• Chart-wise, the stock continues to close above the previous high at RM2.91, backed by higher-than-average trading volume.
• Coupled with bullish crossover signal from MACD indicator, we believe the stock could move higher.
• From here on, resistance can be identified at RM3.15 (R1) and RM3.30 (R2).
• Conversely, its support levels can be identified at RM2.66 (S1) and RM2.50 (S2).

Source: Kenanga Research - 11 Feb 2020