VIZIONE (Not Rated)

• VIZIONE rose 9.0 sen (+23.68%) to close at RM0.470 yesterday.
• Chart-wise, the stock continued to close higher after breaking above the 50-days SMA, backed by stronger-than-average trading volume.
• Coupled with bullish signals from MACD, we believe that the stock could trend higher.
• From here, overhead resistance levels are identified at RM0.610 (R1) and RM0.750 (R2).
• Conversely, support levels can be found at RM0.350 (S1) and RM0.280 (S2).

AIRPORT (Not Rated)

• AIRPORT gained 60.0 sen (+10.90%) to close at RM6.10 yesterday.
• Chart-wise, the stock has broken above all the key SMAs yesterday, supported by higher-than-average trading volume.
• Coupled with bullish signal from MACD indicator, we believe that there may be more room for upside.
• Should the bullish momentum persist, overhead resistance is seen at RM7.00 (R1) and RM7.80 (R2).
• Conversely, support levels can be identified at RM5.40(S1) and RM4.80 (S2).

Source: Kenanga Research - 10 Jun 2020