Titan Trading Notes For Monday [5/5/2025]:

KLCI had a slight rebound back towards the 1542 points region with an overall positive market sentiment during last Friday. Overall daily trading volume however, remains low as we closed around the 2.7 billion mark.

Clearly, foreign fund flows been coming back from the huge selling activities over the past few weeks with relatively low local retail participation. As such, we need to focus on bigger cap stocks with more liquidity to make the most out of this.

Main stocks that showed strong buying momentum would be the likes of REACHTEN, NATGATE, JAKS, GAMUDA, TANCO, MYEG, SFPTECH, RTECH, EWINT, NOTION, INARI, EKOVEST, SNS, CTOS, TOPGLOV, VS, GENETEC, SIMEPROP, and CAPITALA. All of which were able to sustain their rallies throughout the day on the top volumes list.

$NATGATE / 0270 (NATIONGATE HOLDINGS BERHAD) was definitely one of the best performers on Friday as it broke out strong from its RM 1.50+ major resistance levels on the daily chart and rallied all the way towards the RM 1.52 regions.

So far seems to have shown a strong signal that it's dipped out already. For now as long as able to sustain above its RM 1.50+ immediate support, could continue to trend back up towards the RM 1.75+ major resistance levels in the coming week.

Will be monitoring NATGATE closely.

$GAMUDA / 5398 (GAMUDA BERHAD) since its earlier breakout from its RM 4.10+ main downtrend resistance, been able to sustain its buying momentum and rallied all the way towards the RM 4.40 regions with huge volume and buying momentum on Friday, even closing on its intraday high.

So far looking very strong here and if able to keep this up, could be testing its RM 4.55 - RM 4.60+ major resistance levels in the coming week here until we see a potential pullback on the daily chart.

Will be monitoring GAMUDA closely.