Titan Trading Notes For Thursday [6/2/2025]:

KLCI had a decent rebound back towards the 1574 points region with an overall positive market sentiment today as we resumed our rebound from the day before here. Daily trading volume saw a decent surge back towards the 2.8 billion mark, which isn't too bad, but not great yet.

Main stocks that showed strong buying momentum would be the likes of GAMUDA, MYEG, NATGATE, YTL, AUMAS, YTLPOWR, CBHB, SIMEPROP, VELESTO, SUPERMX, SALUTE, ASIAPLY, and MAHSING. All of which were able to sustain their rallies throughout the day on the top volumes list.

$BAHVEST / 0098 (BAHVEST RESOURCES BERHAD) was definitely one of the star performers today as it was able to breakout strong all the way towards the RM 0.96+ regions with huge volume here as gold prices hit new highs.

So far looking quite strong and this came after a 3 month long consolidation-retracement phase all the way back towards the RM 0.755+ main support levels on the daily chart. Seems to have formed its higher low already and looks ripe for an uptrend continuation pattern.

Will be monitoring AUMAS closely here. Old name of AUMAS is BAHVEST for those who didn't know.

$GAMUDA / 5398 (GAMUDA BERHAD) on the other hand was able to resume its rebound and broke out back towards the RM 4.40+ regions with good volume and buying momentum today on the daily charts.

Since retesting its RM 3.95 main support levels earlier last week, been able to rebound strongly without much selling pressure yet. For now as long as able to keep this up, could trend back towards the RM 4.75+ major resistance levels soon.

Will be monitoring GAMUDA closely here.

$GENETEC / 0104 (GENETEC TECHNOLOGY BERHAD) since breaking out from its RM 1.47+ EMA 200 main resistance levels on the daily chart, been able to hold quite well above it over the past week here despite the shaky sentiment.

Today, it was even able to breakout towards the RM 1.56 regions with good volume and buying momentum. This says alot about its strength here, and could be on track to a full recovery on the coming months back towards the RM 2+ regions soon if able to keep this up.

Will be monitoring GENETEC closely here