Titan Trading Notes For Thursday [6/3/2025]:

KLCI had a decent rebound back towards the 1564 points region with an overall positive market sentiment today as world markets started to rebound from the day before. Daily trading volume however remains at a pitiful level of only around 3.1b.

Main stocks that showed strong buying momentum would be the likes of PBBANK, MYEG, GENTING, SFPTECH, CEB, TOPGLOV, DNEX, YTL. YTLPOWR, SIME, KPJ, and MRDIY. All of which were able to sustain their rallies throughout the day on the top volumes list.

$CEB / 5311 (CAPE EMS BERHAD) since breaking down towards the RM 0.22+ all time low regions, saw its largest shareholder Chung Chee Yang mop up well over 20 million shares in the open market over the past few days, resulting in a rebound back towards the RM 0.275 regions today with good volume.

No doubt that the stock is on a downtrend now, but if able to sustain above its RM 0.25+ immediate support levels ,could rebound back towards its RM 0.30+ major resistance levels soon in the coming weeks.

Will be monitoring CEB closely.

$PBBANK / 1295 (PUBLIC BANK BERHAD) on the other hand had a huge breakout towards the RM 4.70+ regions with good volume and buying momentum today. Although it still faced some selling pressure around the RM 4.70 regions, its closing price of RM 4.63 was still pretty good.

So far showing very strong signals of a potential uptrend continuation pattern here. If able to hold above its RM 4.60+ immediate support on the daily chart, could continue on towards and beyond its RM 4.80+ major resistance levels soon.

Will be monitoring PBBANK closely here as seems to be ready for an uptrend rally soon.

$NATGATE / 0270 (NATIONGATE HOLDINGS BERHAD) although had a brief rebound back towards the RM 1.50+ regions earlier in the morning session, wasn't able to withstand the selling pressure, which led to it retracing back towards its RM 1.40+ support levels towards closing.

For now still not showing much strength here despite clarifying that it's got nothing to do with smuggling NVDIA chips to China. Needs to hold well above its RM 1.40 support before we can expect more.

Will be monitoring NATGATE closely here.