Titan Trading Notes For Wednesday [16/4/2025]:

KLCI had a slight rebound back towards the 1486 points region, closing green today with an overall mixed market sentiment as we still saw over 430 counters closing red for the day today. Daily trading volume settled around the 3.3 billion mark, which is a slight improvement from the day before.

Main stocks that showed strong buying momentum would be the likes of PERTAMA, ELRIDGE, TANCO, IWCITY, DATAPRP, YTL, CAPITALA, ARMADA, MAGMA, and WPRTS. All of which were able to sustain their rallies throughout the day on the top volumes list despite the mixed market sentiment.

PERTAMA had a pretty huge breakout all the way towards the RM 0.13 regions with good volume here, rallying over 50% despite the mixed market sentiment from the RM 0.085+ levels.

For now looks quite strong here and if able to sustain above its RM 0.105 support, could continue to trend bac up towards its RM 0.145 - RM 0.155+ resistance levels in the coming week.

Will be monitoring PERTAMA closely.

$YTLPOWR / 6742 (YTL POWER INTERNATIONAL BHD) on the other hand since retracing back towards the RM 2.90+ major support levels, been also rebounding well and broke out towards the RM 3.25 regions today with good volume and buying momentum.

So far, it's been showing signs that it may have reached the bottom already in this dip and if able to continue tis buying momentum, could breakout from its RM 3.40+ major resistance levels soon and start trending back up towards the RM 4+ regions.

Will be monitoring YTLPOWR closely.