JHM (Not Rated)

• JHM lost 5.5 sen (-7.19%) to close at RM0.710 yesterday.
• Chart-wise, the stock has been on a downtrend since this year January.
• Yesterday’s candlestick continued to close below all key SMAs, indicating strong selling pressure. Coupled with lacklustre momentum, we thus expect the share to decline.
• With that, key support levels can be seen at RM0.60 (S1) and RM0.40 (S2).
• Conversely, key resistance levels are seen at RM1.00 (R1) and RM1.20 (R2).

VITROX (Not Rated)

• VITROX gained 51.0 sen (+7.33%) to end at RM7.47 yesterday.
• Chart-wise, the stock has been on a downtrend since this year January.
• Yesterday’s bullish pin bar indicated strong buying force. We believe the stock is staging a rebound backed by an uptick in RSI and a potential MACD Crossover.
• Key resistance levels can be found at RM8.20 (R1) and RM9.60 (R2).
• Conversely, downside supports can be identified at RM6.80 (S1) and RM5.20 (S2).

Source: Kenanga Research - 18 Mar 2020