Titan Trading Notes For Thursday [4/7/2024]:

$KLSE-KLCI had a good breakout today back towards the 1615 points region with an overall positive market sentiment. Daily trading volume also managed to settle around the 5.4 billion mark, which is a pretty good sign.

Main stocks that showed strong buying momentum would be the likes of GOHUB, AIMFLEX, WCT, UUE, SNS, EKOVEST, PWRWELL, HIAPTEK, MYEG, JCY, K1, PESTECH, MRCB, FAJAR, TECHBASE, VS, SEALINK, DNEX, SUNWAY, CLOUDPT, and GDB. All of which were able to sustain their rallies throughout the day on the top volumes list.

$WCT / 9679 (WCT HOLDINGS BERHAD) had a huge breakout today from its RM 0.92+ major resistance and rallied all the way towards the RM 1.04 regions with huge volume and buying momentum today despite being overbought.

For now still looking quite strong here and as long as able to hold above its RM 0.92+ immediate support levels, could continue on towards and beyond the RM 1.04+ regions for an uptrend continuation pattern soon.

Will be monitoring WCT closely here to see how far it can go.

$AIMFLEX / 0209 (AIMFLEX BHD) after consolidating over the past year, was finally able to breakout from its RM 0.20+ major resistance levels, breaking out all the way towards the RM 0.21 levels with good volume and buying momentum.

For now looking quite strong here and could be starting a brand new uptrend. As long as able to hold above its RM 0.185+ immediate support levels, could continue on towards and beyond the RM 0.215 - RM 0.235+ regions soon.

Will be monitoring AIMFLEX closely here.

$FAJAR / 7047 (FAJARBARU BUILDER GROUP BHD) since breaking out from its RM 0.49+ major resistance levels yesterday, was able to resume its bullish sentiment and rallied all the way towards the RM 0.525 regions with good volume and buying momentum today.

For now looking quite strong here and as long as able to sustain above its RM 0.49+ immediate support levels, could continue on towards and beyond the RM 0.54+ major resistance levels for an uptrend continuation pattern soon.

Will be monitoring FAJAR closely here.