Titan Trading Notes For Friday [7/3/2025]:

KLCI retraced back towards the 1558 points region with an overall positive market sentiment today as markets finally started to rebound strong after the huge sell offs from the days before. That said, overall daily trading volume remains low around the 2.9 billion mark.

Main stocks that showed strong buying momentum would be the likes of MYEG, DNEX, SNS, YTL, INARI, HARTA, and JCY. All of which were able to sustain their rallies throughout the day on the top volumes list.

$MYEG / 0138 (MY E.G. SERVICES BERHAD) was definitely one of the star performers today as it was able to breakout strong all the way towards the RM 0.99 regions with good volume and buying momentum here after retracing all the way back towards the RM 0.88+ major support levels earlier this week.

Overall still sideways here but if able to breakout from its RM 1+ major resistance levels, could start trending back up towards the RM 1.05+ major resistance levels soon in the coming weeks here if able to keep this up.

Will be monitoring MYEG closely.

$MSM / 5202 (MSM MALAYSIA HOLDINGS BERHAD) took a pretty huge hit earlier this morning after briefly testing the RM 1.20 regions, it took a huge hit all the way back towards the RM 1.12+ regions with huge selling pressure.

That said, was able to rebound strong back towards closing flat around the RM 1.17 regions here with good volume, suggesting strong buyers coming in to neutralize the selling activities already. If able to sustain, expecting some rebound back towards the RM 1.25+ resistance levels after the sellers had been neutralized.

Will be monitoring MSM closely.