UNISEM (Not Rated)

• UNISEM rose 6.0 sen (+2.94%) to close at RM2.10 yesterday.
• Chart-wise, the stock has broken above the significant resistance at RM2.06 yesterday and continued to move well above all the SMA lines.
• Coupled with the uptick in MACD indicators, we believe the stock will continue its upward momentum.
• With that, overhead resistance can be seen at RM2.20 (R1) and RM2.50 (R2).
• Conversely, key support levels are identified at RM1.95 (S1) and RM1.85 (S2).

CAB (Not Rated)

• CAB gained 2.0 sen (+5.63%) to end at RM0.375 yesterday.
• Chart-wise, the stock continued to close higher after breaking above all the key SMAs few days ago, backed by higher-than average trading volume.
• Coupled with bullish MACD indicator, we believe the stock could move higher.
• From here on, key resistance levels can be found at RM0.420 (R1) and RM0.500 (R2).
• Conversely, supports are identified at RM0.315 (S1) and RM0.280 (S2).

Source: Kenanga Research - 26 Jun 2020