Titan Trading Notes For Tuesday [4/2/2025]:

KLCI closed back red around the 1553 points region with an overall mixed market sentiment as we still saw over 580 counters closing red for the day. Daily trading volume remains low around the 2 billion mark with foreign funds still selling.

Main stocks that showed strong buying momentum would be the likes of SUPERMX, MAG, TOPGLOV, KOPI, GAMUDA, IJM, HARTA, SCGBHD, CTOS, RL, and JFTECH. All of which were able to sustain their rallies throughout the day on the top volumes list despite the weak market sentiment.

Following US's tariffs on China, $SUPERMX / 7106 (SUPERMAX CORPORATION BERHAD) had a huge breakout all the way towards the RM 1.23+ regions with huge volume and buying momentum today as it has a high exposure in the US market and likely will benefit from this.

Definitely the main star for the day here and as long as able to hold above its RM 1.18+ immediate support, could continue to trend up towards the RM 1.30+ major resistance levels soon in the coming few days.

Will be monitoring SUPERMX closely as it's leading the glove sector.

$TOPGLOV / 7113 (TOP GLOVE CORPORATION BHD) on the other hand also had a decent breakout back towards the RM 1.25 regions with good volume and buying momentum here following US tariffs on China gloves.

So far looking quite strong her and as long as able to hold above its RM 1.20 immediate support on the daily chart, could trend back up towards and beyond the RM 1.30+ major resistance levels soon.

Will be monitoring TOPGLOV closely as expecting gloves to be the main theme in the coming weeks.

$GENETEC / 0104 (GENETEC TECHNOLOGY BERHAD) since retracing back towards its RM 1.38+ main support levels last week, been able to hold well and rebounded back towards the RM 1.53 regions today with good volume despite the mixed market sentiment.

Now looking quite healthy and on track to recovery here. As long as able to hold above its EMA 200 support of RM 1.47, could continue to trend back up towards the RM 1.80+ regions soon in the coming weeks for further recovery.

Will be monitoring GENETEC closely