Titan Trading Notes For Friday [28/2/2025]:

KLCI closed flat around the 1586 points region with an overall positive market sentiment as our market still able to rebound from the past few days of bloodshed that caused chaos throughout. Daily trading volume however remains low around the 2.89 billion mark, not a very good signal to me.

Main stocks that showed strong buying momentum would be the likes of MYEG, ECONBHD, NATGATE, SFPTECH, PMETAL, YTLPOWR, LHI, ARMADA, SCGBHD, and IJM. All of which were able to sustain their rallies throughout the day on the top volumes list.

$INARI / 0166 (INARI AMERTRON BERHAD) although retraced all the way back towards the RM 2.15+ major support levels, was able to show some sign of strength here and rebounded back towards the RM 2.19 regions with good volume and buying momentum.

So far showing signs of a temporary bottom here on the weekly charts with RM 2.15 as the main support. If able to sustain, could rebound back towards the RM 2.30 - RM 2.40+ major resistance levels soon.

Will be monitoring INARI closely.

$JPG / 5323 (JOHOR PLANTATIONS GROUP BERHAD) on the other hand since hitting its RM 1.10+ major support levels, been able to recover quite well here over the past month, even breaking out from its RM 1.24+ main downtrend resistance levels, rallying towards the RM 1.28 levels today.

For now, looking quite strong here and as long as able to sustain above its RM 1.24+ immediate support, could start a brand new uptrend back towards the RM1.30 - RM 1.35+ major resistance levels soon.

Will be monitoring JPG closely here