Titan Trading Notes For Thursday [17/4/2025]:

KLCI retraced back towards the 1476 points region with an overall negative market sentiment as we saw over 570 counters closing red for the day today. Daily trading volume settled around the 2.9 billion mark, which is still average.

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

$SUPERMX / 7106 (SUPERMAX CORPORATION BERHAD) since retracing from the RM 0.89 regions all the way back towards its RM 0.81+ support, been able to hold well and bounced back towards the RM 0.85 regions today with good volume and buying momentum despite the weak market sentiment.

Seems to have formed its higher low regions here already and if able to sustain, could trend back up towards the RM 0.85 - RM 0.89+ major resistance levels soon in the coming weeks for an uptrend continuation pattern.

Will be monitoring SUPERMX closely.

$GREATEC / 0208 (GREATECH TECHNOLOGY BERHAD) although had a decent rebound back towards the RM 1.40 regions, retraced back towards the RM 1.26 levels today with some selling pressure still persisting on here.

With that, could be headed lower towards the RM 1+ major support levels on the weekly charts soon in the coming few weeks until we see a more meaningful rebound as global tech stocks resume its sell offs.

Will be monitoring GREATEC closely