Titan Trading Notes For Thursday [15/5/2025]:
KLCI had a slight rebound back towards the 1583 points region with an overall positive market sentiment here. Daily trading volume also saw a decent surge back towards the 4.2 billion mark, which is a good sign as foreign funds seem to be buying back heavily.
Main stocks that showed strong buying momentum would be the likes of SFPTECH, NOTION, NATGATE, GENETEC, VELESTO, NEXG, JCY, SNS, DNEX, HM, GREATEC, RTECH, UEMS, DIALOG, MAGMA, OPPSTAR, MNHLDG, and SCGBHD. All of which were able to sustain their rallies throughout the day on the top volumes list.
$NOTION / 0083 (NOTION VTEC BERHAD) was definitely one of the star performers of the day as it broke out strong from its RM 0.735+ major resistance and rallied all the way towards the RM 0.76+ regions with huge volume and buying momentum.
For now, it's looking quite strong here and if able to sustain above its RM 0.735+ support, could continue on towards and beyond its RM 0.835+ major resistance levels soon in the coming weeks for a further rebound.
Will be monitoring NOTION closely.
$KRONO / 0176 (KRONOLOGI ASIA BERHAD) although faced some selling pressure while breaking out towards the RM 0.285 regions from the day before, was able to breakout back towards the RM 0.27+ regions today with good volume and buying momentum.
If able to keep this up, could be breaking out from its RM 0.285+ major resistance levels soon and test its RM 0.30+ regions in the coming week here for an uptrend continuation pattern.
Will be monitoring KRONO closely
$MELEWAR / 3778 (MELEWAR INDUSTRIAL GROUP BERHAD) since breaking out towards the RM 0.24 regions with huge volume from the day before, took a little selling pressure but was still able to close back around the RM 0.235 regions today.
For now, looking quite strong here still and if able to keep this up, could continue on towards and beyond its RM 0.26+ major resistance levels soon in the coming weeks for an uptrend continuation pattern.
Will be monitoring MELEWAR closely