Titan Trading Notes For Wednesday [19/2/2025]:

KLCI had a slight rebound back towards the 1584 points region with an overall negative market sentiment as we saw over 640 counters closing red for the day. Daily trading volume remains around the 3.6 billion mark, mainly dominated by selling activities.

Main stocks that showed strong buying momentum would be the likes of TECHSTORE, MYEG, DIALOG, CAPITALA, 99SMART, MRDIY, COLFORM, and CIMB. All of which were able to sustain their rallies throughout the day despite the weak market sentiment.

$DIALOG / 7277 (DIALOG GROUP BERHAD) since taking a hit all the way back towards the RM 1.45 support levels 2 days ago, been able to hold well and rebound back towards the RM 1.62+ regions with good volume and buying momentum today.

So far seems to be showing signals that its ripe for a further rebound soon. As long as able to hold above its RM 1.60+ immediate support, could continue to rebound further back towards the RM 1.75+ resistance levels soon in the coming weeks.

Will be monitoring DIALOG closely.

COLFORM on the other hand been able to hold above its RM 0.38+ regions over the past 2 days since its IPO. Despite the weak market sentiment, was able to breakout back towards the RM 0.40 regions with good volume today.

For now looking quite strong here and as long as able to hold above its RM 0.39+ immediate support, could continue towards and beyond its RM 0.41 local high levels soon for a potential bullish continuation.

Will be monitoring COLFORM closely.

$NOTION / 0083 (NOTION VTEC BERHAD) although had a decent breakout back towards the RM 0.97 regions with decent volume this morning, still took a hit and closed back towards the RM 0.93 regions as the whole market sentiment been dragged down.

That said, it announced solid earnings of around RM 12.7 million PAT in its latest quarter. For now looking not too bad here and if able to sustain, could rebound back towards the RM 1+ major resistance levels soon for a further rebound with earnings as a catalyst.

Will be monitoring NOTION closely.