Titan Trading Notes For Monday [18/2/2025]:

KLCI retraced slightly back towards the 1591 points region with an overall negative market sentiment as we saw almost 600 counters closing red for the day here. Daily trading volume settled around the 3.2 billion mark, mainly dominated by sellers.

Main stocks that showed strong buying momentum would be the likes of MPIRE, GAMUDA, LHI, YTL, GENTING, SCGBHD, CAPITALA, and ABLEGLOB. All of which were able to sustain their rallies throughout the day on the top volumes list despite the weak market sentiment.

$GENM / 4715 (GENTING MALAYSIA BERHAD) following its earlier sell down back towards the RM 2.10 main support levels, been able to form a solid base and broke out strong towards the RM 2.40+ major resistance levels on Friday with good volume and buying momentum here.

Seems to have formed its dip region here already and if able to hold above its RM 2.30+ immediate support levels on the daily chart, could continue to rebound further towards its RM 2.45 - RM 2.50+ major resistance until its next pullback.

Will be monitoring GENM closely here.

$LHI / 6633 (LEONG HUP INTERNATIONAL BERHAD) on the other hand been able to breakout towards the RM 0.63 regions with good volume and buying momentum, following the recent bird flu that hit across USA, sending egg prices soaring high up.

For now looking strong here and will be facing its RM 0.635 - RM 0.65+ major resistance levels soon. As long as able to hold above its RM 0.60 support, could breakout and trend back up towards the RM 0.66 - RM 0.69+ regions soon for an uptrend continuation pattern.

Will be monitoring LHI closely, along with all the other poultry counters.

Stocks like $NOTION / 0083 (NOTION VTEC BERHAD) and YBS took a huge hit on Friday here, having huge and sudden selling activities out of nowhere, suggesting that it could be a potential margin call on some larger investors which led to the potential forced selling activities.

NOTION for now still have some support around RM 0.48 here and needs to hold strongly before we can expect any further rebound from this stock here.

YBS on the other hand broke past below its RM 0.53+ major support levels and retraced back towards the RM 0.47 regions earlier in the morning. Although was able to rebound back towards the RM 0.595 regions, still not looking too good yet here.

Will monitor YBS and NOTION closely here, but not having a good feeling about it. as so far nobody knows what's going on yet.