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

KLCI retraced back towards the 1582 points region with an overall negative market sentiment as we saw over 700 counters closing red for the day. Daily trading volume maintained around the 2.98 billion mark, which is still alright.

Main stocks that showed strong buying momentum today would be the likes if GENM, ASIAPLY, LHI, PERDANA, TANCO, NOTION, GENETEC, and PMETAL. All of which were able to sustain their rallies throughout the day despite the weak market sentiment on the top volumes list.

$GENM / 4715 (GENTING MALAYSIA BERHAD) definitely having a pretty interesting recovery here since breaking out from its RM 2.30+ major resistance from the day before, breaking out towards the RM 2.45+ regions today with good volume and buying momentum.

So far looking quite strong here and as long as able to hold above its RM 2.35+ immediate support levels, could continue on towards and beyond its RM 2.55 major resistance levels soon for a further recovery rally.

Will be monitoring GENM closely here.

$PMETAL / 8869 (PRESS METAL ALUMINIUM HOLDINGS BERHAD) on the other hand seems to be recovering quite well too since it retested its RM 4.80+ major support levels just a few weeks ago on the daily chart. Today, it was able to breakout strong towards the RM 5.20 regions with good volume.

So far looking quite well off here and as long as able to hold above its RM 5 immediate support level on the daily chart, could breakout towards and beyond its RM 5.20++ major resistance levels for a further breakout.

Will be monitoring PMETAL closely.

$NATGATE / 0270 (NATIONGATE HOLDINGS BERHAD) on the other hand been consolidating over the past week here with RM 1.94+ as the main support levels, but was able to rebound strong back towards the RM 2 regions towards closing today with good volume.

This could be a sign that it will be ripe for an incoming breakout towards its RM 2.10 - RM 2.20+ major resistance levels soon in the coming week here. Overall still looking quite strong.

Will be monitoring NATGATE closely.