General Notes For Monday [20/2/2023]:

$KLSE-KLCI closed red around the 1476 points region on the daily chart during Last Friday with an overall negative sentiment as there were more than 620 counters closing red along with it. In terms of daily trading volume, it settled around the 3.27 billion range, which was pretty average.

Main stocks that showed strong buying momentum would be the likes of MINDA, SMRT, HWGB, BETA, SASBADI, and SEALINK. All of which were able to sustain their rallies throughout the day on the top volumes list while the others entered into a retracement.

$CORAZA / 0240 (CORAZA INTEGRATED TECHNOLOGY BERHAD) since forming its all time high of RM 1.16, had been retracing and consolidating over the past 2-3 weeks all the way below its RM 1+ support levels on both the hourly and daily charts.

For now forming strong BOD signals around the hourly charts here and if able to hold above its RM 0.965+ major support levels, could form a higher low pattern here in this new uptrend pattern.

Needs to at least breakout from its RM 1.05+ immediate downtrend resistant levels before we can expect more here from CORAZA.

$EWEIN / 7249 (EWEIN BERHAD) since breaking out from its RM 0.55 main symmetrical triangle pattern resistance had been trending upwards in a pretty healthy manner. For now forming an immediate support around the RM 0.575 levels on the hourly charts here.

If able to hold support, could breakout from its RM 0.59 immediate resistant zones and rally towards and beyond the RM 0.61 major resistant levels soon for a bullish continuation pattern.

$WONG / 7050 (WONG ENGINEERING CORPORATION BERHAD) since breaking out from the RM 0.435 major symmetrical triangle pattern on the daily chart, had been trending up quite well here and although it hasn't been able to breakout above the RM 0.475+ levels yet, it managed to form huge BOD signals around the RM 0.435 - RM 0.44 support zones recently.

On Friday, it even managed to rebound back towards the RM 0.46 levels with good volume and if able to sustain, could continue on towards the RM 0.475 - RM 0.50+ zones for a bullish continuation pattern in the coming week itself.