Titan Trading Notes For Thursday [14/11/2024]:

$KLCI had a slight rebound back towards the 1611 points region with an overall mixed market sentiment as we still saw over 560 counters closing red for the day today. Daily trading volume remains average around the 2.8 billion mark, which is just average.

Main stocks that showed strong buying momentum would be the likes of LWSABAH, TANCO, AZAMJAYA, MMAG, 99SMART, KGB, YEWLEE, VS, CEB, and KPJ. All of which were able to sustain their rallies throughout the day on the top volumes list despite the mixed market sentiment.

$99SMART / 5326 (99 SPEED MART RETAIL HOLDINGS BERHAD) ince retracing all the way back towards the RM 2.27+ main support levels, was able to breakout from its RM 2.35+ main downtrend resistance and rallied all the way towards the RM 2.40+ regions with good volume and buying momentum.

For now looking quite strong here and as long as able to hold above its RM 2.35+ immediate support on the hourly charts, could continue to trend back up towards the RM 2.50+ major resistance levels soon.

Will be monitoring 99SMART closely here as seems to be ripe for a further rally soon.

$KGB / 0151 (KELINGTON GROUP BERHAD) after announcing good QR results, was able to breakout from its RM 3.20+ main downtrend resistance with huge volume and rallied all the way towards the RM 3.48+ regions today despite the mixed market sentiment.

For now despite being overbought, is looking quite strong here and as long as able to hold above its RM 3.20 - RM 3.30+ immediate support, could continue to trend back up towards the RM 3.60++ regions soon.

Will be monitoring KGB closely here as looking very strong.

$NOTION / 0083 (NOTION VTEC BERHAD) since breaking out towards the RM 1.12 regions, had been retracing and consolidating around the RM 1+ main support levels over the past few trading days here and still able to hold strong here.

For now still looking quite strong and as long as able to sustain, could breakout from its RM 1.10 - RM 1.12 major resistance levels soon for a further breakout and start trending up towards the RM 1.30 - RM 1.40+ regions in the coming few weeks.

Will be monitoring NOTION closely. Have to wait for the QR results to come out first.