General Notes For Tuesday [14/2/2023]:

KLCI had a decent rebound back towards the 1475 points region on the daily chart today. That said, our market sentiment was no where near being positive as we had 590 stocks closing red for the day despite hitting a daily trading volume of around 3.69 billion.

Main stocks that showed strong buying momentum would be the likes of VINVEST, PESONA, VIS, EG, EWEIN, UNITRAD, ARTRONIQ, MHB, TANCO, and ANCOMLB. All of which were able to sustain their rallies throughout the day on the top volumes list despite the weak market sentiment.

$AJIYA / 7609 (AJIYA BERHAD) since breaking out towards its all time high of RM 1.92, had been consolidating over the past 2 days without much volume. Today, it retraced back towards the RM 1.83 levels and closed slightly red around the RM 1,86 levels.

Seems to be forming a potential higher low region here on both the hourly and daily charts and as long as able to sustain above its RM 1.80 - RM 1.85+ immediate support level, could continue on towards and beyond its all time high of RM 1.92 soon for a bullish continuation.

$EWEIN / 7249 (EWEIN BERHAD) since consolidating and retracing within a symmetrical triangle pattern on the hourly charts over the past 2 weeks, finally was able to breakout from its RM 0.55 immediate downtrend resistance and rallied all the way towards the RM 0.59 levels with huge volume today.

For now looking very strong here despite being slightly overbought on the hourly charts and as long as able to sustain above its RM 0.55 - RM 0.56 immediate support level, could continue on towards and beyond the RM 0.60+ zones very soon here.

Although $WONG / 7050 (WONG ENGINEERING CORPORATION BERHAD) wasn't able to breakout strong above the RM 0.47+ levels over the past few days, it had been able to hold well above its RM 0.435 - RM 0.45 immediate support levels on both the hourly and daily charts despite the weak market sentiment.

As long as able to sustain this kind of buying momentum, could continue on towards and beyond its RM 0.485 - RM 0.50 major resistant levels in the coming week itself.