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Titan Trading Notes For Monday [14/4/2025]:

KLCI retraced back towards the 1457 points region with an overall mixed market sentiment as we still saw over 460 counters closing red for the day along with it. Daily trading volume remains low around the 2.2 billion mark, which isn't really good.

Main stocks that showed strong buying momentum would be the likes of MYEG, SUPERMX, GENM, VELESTO, AUMAS, NATGATE, UEMS, JCY, NEXG, SIMEPROP, and OPPSTAR. All of which were able to sustain their rallies throughout the day on the top volumes list despite the mixed market sentiment.

$NATGATE / 0270 (NATIONGATE HOLDINGS BERHAD) despite retracing all the way back towards the RM 1+ support levels from the past week of panic selling, was able to rebound back strong towards the RM 1.23+ regions with good volume and buying momentum.

For now could have bottomed out already and if able to keep this up, could breakout from its RM 1.30+ main downtrend resistance and start rebounding back further towards the RM 1.45 - RM 1.50+ resistance levels soon in the coming weeks.

Will be monitoring NATGATE closely.

As gold prices hit an all time high of over $3200, it wasn't surprising to see $BAHVEST / 0098 (BAHVEST RESOURCES BERHAD) breakout back towards the RM 0.70+ regions. To be honest, AUMAS shouldn't even have dropped from the RM 0.85+ regions all the way towards the RM 0.56+ levels during the widespread panic sell off as gold prices remained strong.

For now if able to sustain above its RM 0.70+ support levels, could trend back up towards the RM 0.77 - RM 0.80+ resistance levels soon in the coming weeks for a further rebound, following gold prices.

Will be monitoring AUMAS closely.

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