KKB (Not Rated)

• KKB gained 17.0sen (+7.80%) to close at RM2.35 yesterday.
• Chart-wise, the stock has broken above the historical high at RM2.24, 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, key resistance levels are seen at RM2.50 (R1) and RM2.60 (R2).
• Conversely, key support levels can be seen at RM2.00 (S1) and RM1.90 (S2).

MINHO (Not Rated)

• MINHO rose 6.0 sen (+23.53%) to end at RM0.315 yesterday.
• Chart-wise, yesterday’s bullish candlestick has prompted the stock to close above the 20 and 100-day SMAs.
• Coupled with a forming bullish MACD crossover as well as encouraging momentum indicators, we believe the stock may trend higher.
• From here on, key resistance levels can be found at RM0.340 (R1) and RM0.390 (R2).
• Conversely, downside supports can be identified at RM0.260 (S1) and RM0.245 (S2)

Source: Kenanga Research - 6 Mar 2020