Titan Trading Notes For Friday [10/5/2024]:

$KLSE-KLCI retraced briefly back towards the 1601 points region with an overall mixed market sentiment as we saw over 450 counters closing red along with it. Daily trading volume remained healthy around the 4.6 billion mark, which is pretty good.

Main stocks that showed strong buying momentum would be the likes of PMHLDG. SNS, VELESTO, SENDAI, CUSCAPI, GHLSYS, REVENUE, CLOUDPT, VSTECS, and SPESTIA. All of which were able to sustain their rallies throughout the day on the top volumes list.

$PMHLDG / 1287 (PAN MALAYSIA HOLDINGS BERHAD) was definitely the main star performer for the day was it was able to breakout from its RM 0.25+ major resistance levels and rallied all the way towards the RM 0.30 regions with huge volume and buying momentum.

So far looking very bullish here and as long as able to sustain above its RM 0.25+ immediate support levels on the daily chart, could continue on towards and beyond the RM 0.30+ regions soon in the coming weeks.

Will be monitoring PMHLDG closely here.

$SENDAI / 5205 (EVERSENDAI CORPORATION BERHAD) since breaking out from its RM 0.425+ major resistance levels last week, had been breaking out all the way towards the RM 0.615 regions today with huge volume and buying momentum despite being overbought.

For now still not showing any signs of weakness yet and as long as able to sustain above its RM 0.55 immediate support levels, could continue on towards and beyond the RM 0.63+ regions soon.

Will be monitoring SENDAI closely.

$CORAZA / 0240 (CORAZA INTEGRATED TECHNOLOGY BERHAD) since breaking out from the RM 0.50+ major resistance levels over the past 1-2 months, had been slowly trending upwards here and forming higher low regions along the way on the daily chart.

For now as long as able to sustain above its RM 0.535+ immediate support levels on the daily chart, could continue to trend up towards and beyond the RM 0.60+ regions soon in the coming weeks.

Will be monitoring CORAZA closely here