Titan Trading Notes For Monday [3/3/2025]:

KLCI closed back red towards the 1574 points region with an overall negative market sentiment as we still saw over 860 counters closing red on Friday. Daily trading volume surged back towards the 4.3 billion mark, but mainly dominated by sellers still.

Main stocks that showed strong buying momentum would be the likes of PBBANK, MAYBANK, TANCO, AMBANK, and SRIDGE. All of which were able to sustain their rallies throughout the day on the top volumes list despite the weak market sentiment.

$PBBANK / 1295 (PUBLIC BANK BERHAD) since retracing back towards the RM 4.40+ main support levels from the week before, been able to hold well and rebound back towards the RM 4.50+ regions with huge volume and buying momentum here.

This came after it announced solid earnings from the latest quarter. For now looking quite strong and ripe for a potential uptrend continuation pattern here. As long as able to hold above its RM 4.45+ support, could trend back up towards the RM 4.65 - RM 4.80+ major resistance levels soon.

Will be monitoring PBBANK closely.

$ECOWLD / 8206 (ECO WORLD DEVELOPMENT GROUP BERHAD) although faced some selling pressure from its RM 2.05+ major resistance levels over the past 2 weeks, been able to hold well above its RM 1.90+ support levels on the daily chart here.

On Friday, was able to rebound back towards the RM 1.99 regions with good volume, suggesting a potential uptrend continuation pattern soon. If able to keep this up, could start trending back towards the RM 2.10+ regions soon in the coming weeks.

Will be monitoring ECOWLD closely.