HARTA (Not Rated)

• HARTA gained 12.0 sen (+1.68%) to close at RM7.27 yesterday.
• Chart-wise, the stock continued to trade well above all the key SMAs, backed by higher-than-average trading volume.
• Coupled with bullish signal from MACD signal, we believe the stock could trend higher.
• From here on, overhead resistance can be seen at RM7.50 (R1) and RM7.85 (R2).
• Conversely, downside supports can be identified at RM6.65(S1) and RM6.35 (S2).

SKPRES (Not Rated)

• Yesterday, SKPRES rose 5.50 sen (+6.21%) to close at RM0.940.
• Chart-wise, the stock continued to closed higher after it break above the 20-days SMA on Tuesdays, supported by higher-thanaverage trading volume.
• Coupled with bullish signal from MACD, we believe the stock could move higher.
• Should buying momentum persist, overhead resistance is at RM1.10 (R1) and RM1.30 (R2).
• Conversely, support levels can be identified at RM0.780 (S1) and RM0.650 (S2).

Source: Kenanga Research - 9 Apr 2020