Jcy International Berhad

Titan Trading Notes For Wednesday [26/3/2025]:

KLCI had a decent rebound back towards the 1513 points region with an overall positive market sentiment today Daily trading volume remain around the 3.1 billion mark, which is nothing to shout about yet.

Main stocks that showed strong buying momentum would be the likes of CIMB, JCY, GENM, GAMUDA, INARI, MRDIY, SFPTECH, AXIATA, VS, YTL, SNS, CEB, MASTER, and TANCO. All of which were able to sustain their rallies throughout the day on the top volumes list.

$JCY / 5161 (JCY INTERNATIONAL BERHAD) since retracing back towards the RM 0.35+ main support levels, been able to hold well and bounced back strong towards the RM 0.425+ regions today with good volume and buying momentum.

For now looking decent here and if able to sustain above its RM 0.40+ support, could breakout from its RM 0.44+ major resistance levels for a further rebound back towards the RM 0.47+ regions soon in the coming weeks.

Will be monitoring JCY closely.

$UWC / 5292 (UWC BERHAD) although retraced back towards the RM 2.20+ support levels earlier this week, was able to rebound strong back towards the RM 2.30+ regions with good volume and buying momentum here on the daily chart.

This came after it announced solid earnings of over RM 9.7 million from its latest earnings. For now looking quite strong here and if able to sustain, could be testing its RM 2.50+ resistance levels soon in the coming weeks.

Will be monitoring UWC closely.

Titan Weekend Chart Reviews

$JCY / 5161 (JCY INTERNATIONAL BERHAD)

Since breaking out from its RM 0.50+ major resistance, been trending upwards over the past month here with good volume and buying momentum.

For now looking quite strong and could retest tis RM 0.67 major resistance levels soon in the coming weeks.

Support: RM 0.55 area
Resistance: RM 0.585, RM 0.60, RM 0.62 areas

Titan Trading Notes For Monday [23/12/2024]:

KLCI retraced back towards the 1591 points region with an overall mixed market sentiment on Friday as we saw over 550 counters closing red for the day along with it. Daily trading volume however was able to remain around the 3.3 billion mark, which is a pretty good sign.

Main stocks that showed strong buying momentum would be the likes of YTL, YTLPOWR, JCY, SCABLE, MYEG, GAMUDA, PESTECH, and SUNWAY. All of which were able to sustain their rallies throughout the day on the top volumes list despite the mixed market sentiment.

$YTLPOWR / 6742 (YTL POWER INTERNATIONAL BHD) since breaking out towards the RM 4+ regions on Thursday, was able to sustain the buying momentum and rallied towards the RM 4.30 regions with huge volume on Friday.

Although it still faced strong selling pressure around the RM 4.20+ regions, its closing price of RM 4.14 was still a pretty decent one. For now as long as able to sustain above its RM 4 immediate support, could continue to trend back up towards the RM 4.40+ major resistance levels.

Will be monitoring YTLPOWR closely here

$JCY / 5161 (JCY INTERNATIONAL BERHAD) on the other hand since breaking out towards the RM 0.50+ regions earlier this month, been consolidating well around this region, potentially forming its higher low regions here on the daily chart.

On Friday, was even able to breakout back towards the RM 0.54+ regions with good volume here. Although still met with some selling pressure, still a pretty good sign here and as long as able to sustain, could continue to trend back up towards the RM 0.575 - RM 0.60+ regions soon.

Will be monitoring JCY closely here as seems to be recovering quite well.

$UWC / 5292 (UWC BERHAD) on the other hand since breaking out from its RM 2.80+ major resistance levels, been trending up strong towards the RM 3.10+ regions over the past week here with good volume and buying momentum.

For now, looks very ripe for a further recovery wave back towards the RM 3.40 - RM 3.50+ main downtrend resistance levels on the weekly chart soon in the coming weeks here.

Will be monitoring UWC closely

Titan Trading Notes For Tuesday [17/12/2024]:

KLCI retraced slightly back towards the 1606 points region with an overall negative market sentiment as we still saw over 650 counters closing red for the day. Daily trading volume maintained around the 3.1 billion mark, mainly dominated by sellers.

Main stocks that showed strong buying momentum would be the likes of MYEG, JCY, SUPERMX, GTRONIC, OMESTI, PWRWELL, SORENTO, AZAMJAYA, and SNS. All of which were able to sustain their rallies throughout the day on the top volumes list despite the weak market sentiment.

$MYEG / 0138 (MY E.G. SERVICES BERHAD) since breaking out from its RM 0.915+ main downtrend resistance, had been trending up over the past 2 weeks here, breaking out towards the RM 0.98 regions today with good volume and buying momentum.

So far looking quite bullish here and as long as able to sustain above its RM 0.935+ immediate support levels, could continue to trend back up towards its RM 1+ major resistance levels soon in the coming weeks.

Will be monitoring MYEG closely here as seems to be trending up strong.

$SORENTO / 0326 (SORENTO CAPITAL BERHAD) since retracing back towards its RM 0.385+ support levels last month, been slowly recovering here and broke out strong from its RM 0.45 all time high levels, rallying all the way towards the RM 0.475 regions, forming a new high here despite the weak sentiment.

For now looking quite bullish here and as long as able to sustain above its RM 0.45 immediate support, could continue to trend up towards and beyond the RM 0.50 major psychological resistance levels soon.

Will be monitoring SORENTO closely.

$JCY / 5161 (JCY INTERNATIONAL BERHAD) since its earlier wave up towards the RM 0.50+ regions, had been consolidating over the past 2 weeks with RM 0.47+ as the higher low region here and today, was able to breakout strong back towards the RM 0.53 regions with good volume and buying momentum.

Looking quite strong here and as long as able to sustain above its RM 0.50 immediate support, could trend back up towards the RM 0.55 - RM 0.575 regions soon in the coming weeks here.

Will be monitoring JCY closely here

Titan Trading Notes For Friday [29/11/2024]:

$KLCI closed red around the 1597 points region with an overall negative market sentiment today as we saw over 600 counters closing red for the day. Daily trading volume remains average around the 2.7 billion mark, which is nothing to shout about yet.

Main stocks that showed strong buying momentum would be the likes of GENETEC, JCY, YNHPROP, YTL, SCGBHD, JTIASA, MINOX, YTLPOWR, CEB, and CAPITALA. All of which were able to sustain their rallies throughout the day on the top volumes list despite the weak market sentiment.

$JCY / 5161 (JCY INTERNATIONAL BERHAD) since announcing a solid net profit of over RM 16 million in its latest quarter over the past 2 days, had been able to maintain strong buying momentum and volume here, even breaking out from its RM 0.42+ main downtrend resistance today.

It's looking quite strong here after over 6 months of constant selling activities since hitting the RM 0.93 local high levels. As long as able to hold above its RM 0.40 - RM 0.42 immediate support, could be the start of a major trend reversal soon ,potentially trending back up towards the RM 0.50+ regions here.

Will be monitoring JCY closely.

$YNHPROP / 3158 (YNH PROPERTY BERHAD) since breaking out from its RM 0.50+ major resistance levels, had been trending up over the past 2 weeks here, breaking out towards the RM 0.70 major resistance levels with good volume today.

So far not showing any signs of weakness yet and as long as able to sustain above its RM 0.64+ immediate support, could continue to trend up towards and beyond the RM 0.70+ major resistance levels for a bullish continuation pattern.

Will be monitoring YNHPROP closely as something big might be brewing here.

$HUPSENG / 5024 (HUP SENG INDUSTRIES BERHAD) since breaking out from its RM 1.16+ immediate downtrend resistance last week, had been able to sustain and broke out all the way towards the RM 1.29 regions with huge volume and buying momentum today.

So far looking very bullish here and as long as able to sustain above its RM 1.23+ immediate support, could continue to trend up towards the RM 1.30+ regions soon in the coming weeks here for an uptrend continuation pattern.

Will be monitoring HUPSENG closely.

Titan Weekend Chart Reviews

$JCY / 5161 (JCY INTERNATIONAL BERHAD)

Had been retracing over the past few months here since breaking out towards the RM 0.90+ regions.

For now seems to have formed its dip regions already and if able to sustain, could breakout from its RM 0.70+ main downtrend resistance to start trending back up soon.

Support: RM 0.65, RM 0.625 areas
Resistance: RM 0.685, RM 0.70, RM 0.725 areas

$KEYFIELD / 5321 (KEYFIELD INTERNATIONAL BERHAD)
$JCY / 5161 (JCY INTERNATIONAL BERHAD)
$OCK / 0172 (OCK GROUP BERHAD)
$KOBAY / 6971 (KOBAY TECHNOLOGY BERHAD)
$FPI / 9172 (FORMOSA PROSONIC INDUSTRIES BERHAD)

Titan Trading Notes For Wednesday [7/8/2024]:

$KLSE-KLCI had a good rebound back towards the 1574 points region today after the huge panic selling wave yesterday from the Nikkei crashing. Daily trading volume settled around the 6.3 billion mark, mostly dominated by buyers fortunately.

Main stocks that showed strong buying momentum today would be the likes of MYEG, VELESTO, SIMEPROP, WCT, TOPGLOV, JCY, MRCB, SUNWAY, UEMS, RGB, ARMADA, MAHSING, HIAPTEK, SPSETIA, DNEX, IJM, HARTA, ECOWLD, VS, YTL, and INARI. All of which were able to sustain their rallies throughout the day on the top volumes list.

Among others, $WCT / 9679 (WCT HOLDINGS BERHAD) was one of the stronger ones as it was able to hold above its RM 0.95+ main support levels over the past few days here and rebounded back above the RM 1+ regions already today with good volume.

For now could be forming a higher low region here and if able to breakout from its RM 1.05+ resistance levels, could continue to rebound further towards the RM 1.15+ regions soon.

Will be monitoring WCT closely here.

$JCY / 5161 (JCY INTERNATIONAL BERHAD) since breaking out towards the RM 0.93 major resistance levels, had been retracing over the past 2 months here and today, rebounded quite strongly from its RM 0.525+ major support levels with good volume and buying momentum.

For now could be forming a mid term dip region around the RM 0.525+ regions here on the daily chart and if able to sustain, could trend back towards the RM 0.65+ major resistance levels soon once more.

Although JCY is the least profitable HDD supplier among DUFU and NOTION, it ironically has the biggest market capitalization. Hence, will still be worth monitoring here.

$THETA / 9075 (THETA EDGE BERHAD) on the other hand is performing quite well here despite the huge panic selling wave earlier this week, still being able to hold well above its RM 2+ major support levels on both the hourly and daily charts.

For now climbing back well here towards the RM 2.27+ regions and if able to sustain, could breakout from its RM 2.40+ immediate downtrend resistance levels for an uptrend continuation pattern soon.

NIISE project will be announcing soon and THETA will be one of the main contenders. Will be monitoring it closely.

$DUFU / 7233 (DUFU TECHNOLOGY CORP. BERHAD) - Expects that the worst is over

From what I've been reading over the years, DUFU's management team has always been on the conservative side when making any statements and forecasts. So now, for the first time in a while, that their tone has started to turn positive, it's worth paying attention to.

Dufu had just announced a pretty solid set of results, with PAT rising about ~90% QoQ and ~150+% YoY, understandably coming from a low base, alongside another 1.5sen dividend. For those who had been following the memory market, you'd know that it was one of the hardest hit sectors vs other tech supply chains; but the latest results are not particularly surprising considering that both WD and Seagate had reported improving numbers in recent months.

Even other HDD players like $TEXCHEM / 8702 (TEXCHEM RESOURCES BERHAD) $NOTION / 0083 (NOTION VTEC BERHAD) $JCY / 5161 (JCY INTERNATIONAL BERHAD) in bursa alluded to the improving prospects in the sector.

On one hand, since the information is already "quite widely known", I wonder if the good numbers are already priced in considering DUFU had rallied from ~RM 1.7 to ~RM 2.3 this year. However, regardless of that, I, and so does DUFU's management, believe that the memory sector is reaching that pivoting point where "the worst is over" and we may start to see incremental improvements over the longer term here.

1. DUFU says that 2023 was "the lowest point" in the HDD market cycle, and that they are at the tail end of an unprecedented market downturn.

2. Within their operational businesses, they are seeing modest increase in demand.

3. They believe that the global semiconductor sales are picking up, and that the memory sector is seeing a potential onset of a new growth cycle.

4. Inventory adjustments has been completed and they are seeing increased demand in electronics and AI-related applications.

5. They are confident that the toughest phase is over and are looking towards growth again.

Titan Trading Notes For Thursday [25/7/2024]:

$KLSE-KLCI retraced back towards the 1621 points region with an overall negative market sentiment as we still saw over 770 counters closing red for the day after the brief rebound yesterday. Daily trading volume also saw a decline back towards the 4.3 billion mark.

Main stocks that showed strong buying momentum would be the likes of MYEG, JCY, DATAPRP, MASTEEL, TANCO, and KJTS. All of which were able to sustain their rallies throughout the day on the top volumes list despite the weak market sentiment.

$MYEG / 0138 (MY E.G. SERVICES BERHAD) since breaking out towards the RM 1.15 regions, had actually been taking quite a beating, retracing all the way towards its RM 0.97+ major support levels over the past month here.

For now seems to have formed a solid base region already and today was able to breakout back towards the RM 1+ regions with good volume. Looks quite ripe here for a potential uptrend continuation back towards the RM 1.07+ regions if able to sustain this buying momentum.

Will be monitoring MYEG closely here as I believe the heavy sellers have almost been absorbed completely.

$JCY / 5161 (JCY INTERNATIONAL BERHAD) after retracing back towards the RM 0.67+ major support level this this week, was able to rebound strong and broke out towards the RM 0.74+ regions with huge volume and buying momentum today.

This seems to be a strong sign that it's reached its mid term dip regions already and if able to sustain, could breakout from its RM 0.75 main downtrend resistance levels for an uptrend continuation pattern soon.

Will be monitoring JCY closely here

$NOTION / 0083 (NOTION VTEC BERHAD) since breaking out from its RM 2 major resistance levels, been performing quite well today, breaking out all the way towards the RM 2.15 regions with huge volume and buying momentum despite the weak market sentiment and cash upfront requirement.

Do note that due to the cash upfront requirements imposed by brokers, NOTION has mainly been dominated by institutional funds.

For now as long as able to sustain above its RM 2 main support, could continue its uptrend trajectory towards the RM 2.20 - RM 2.30+ regions soon.

Titan Trading Notes For Tuesday [23/7/2024]:

$KLSE-KLCI retraced back towards the 1622 points region today with a negative market sentiment as we saw over 1000 stocks closing red for the day along with it. Daily trading volume settled around the 5.3 billion mark, which is still healthy for now.

Main stocks that showed strong buying momentum today would be the likes of BWYS, DSS, WCT, NOVAMSC, JCY, and AGX. All of which were able to sustain their rallies throughout the day despite the negative market sentiment.

$WCT / 9679 (WCT HOLDINGS BERHAD) since breaking out towards the RM 1.29 local high levels, retraced back towards the RM 1.18+ main support levels today only to rebound strong back towards the RM 1.25 regions with good volume and buying momentum despite the weak market sentiment.

For now still looking very strong here and as long as able to sustain above this support region, could continue on towards and beyond its RM 1.29+ regions for an uptrend continuation pattern.

Will be monitoring WCT closely here as this stock is performing stronger than I expected it to be.

$JCY / 5161 (JCY INTERNATIONAL BERHAD) since breaking out towards the RM 0.935 regions, had been retracing and consolidating over the past 2 months here with RM 0.67+ as the main support regions on both the daily and hourly charts.

So far seems to have formed a solid base region here already and if able to sustain in the coming few days could rebound back towards the RM 0.75+ regions soon for an uptrend continuation pattern soon.

Will be monitoring JCY closely. If it's able to breakout from its RM 0.75 immediate downtrend resistance, will be a very good sign.

$SENDAI / 5205 (EVERSENDAI CORPORATION BERHAD) since breaking out towards the RM 0.79 regions, had been retracing and consolidating over the past 2-3 months with RM 0.50 as the main support regions. That said, despite the weak market, it was able to breakout from its RM 0.55 main downtrend resistance today.

SENDAI is actually looking quite strong here for a potential bullish continuation pattern after building its higher low base at RM 0.50 over the past few months. For now as long as able to sustain above its RM 0.55 immediate support, could continue on towards and beyond the RM 0.60+ regions soon.

Will be monitoring SENDAI closely here.

Titan Weekend Chart Reviews

$JCY / 5161 (JCY INTERNATIONAL BERHAD)

Since breaking out towards the RM 0.93+ regions, had been retracing and consolidating over the past 2 months with RM 0.67+ as the main support.

For now as long as able to sustain, could rebound back towards the RM 0.75+ regions soon.

If unable to hold support at RM 0.67, could retrace down towards the RM 0.60+ main support soon.

Support: RM 0.67, RM 0.65, RM 0.60 areas
Resistance: RM 0.70, RM 0.735, RM 0.75, RM 0.785 areas

Additional Listing Announcement /Subdivision of Shares

Titan Trading Notes For Thursday [27/6/2024]:

$KLSE-KLCI had a decent rebound back towards the 1590 points level today with an overall positive market sentiment as our overall market started to rebound from last week's profit taking activities. Daily trading volume however wasn't able to sustain above the 5 billion mark, which saw it dip back towards the 4.7 billion region.

Main stocks that showed strong buying momentum today would be the likes of JCY, SBH, SNS, VELESTO, ATAIMS, RAMSSOL, SIMEPROP, NOTION, JTGROUP, SEALINK, WCT, YTLPOWR, and RGB. All of which were able to sustain their rallies throughout the day on the top volumes list.

$JCY / 5161 (JCY INTERNATIONAL BERHAD) since retracing from its RM 0.935 major resistance levels, managed to hold well above its RM 0.68+ support levels and rebounded back towards the RM 0.75 regions today with good volume and buying momentum.

For now need to see if able to hold above its RM 0.68+ support levels or not. If able to sustain, could breakout from its RM 0.77+ immediate downtrend resistance levels soon for an uptrend continuation pattern soon.

Will be monitoring JCY closely here.

$ATAIMS / 8176 (ATA IMS BERHAD) since breaking out towards the RM 0.58 major resistance levels, had been retracing over the past week here back towards its RM 0.45+ main support levels and was able to breakout strong towards the RM 0.515 regions today with good volume and buying momentum.

For now looking quite strong here and as long as able to hold above its RM 0.48+ immediate support levels, could continue on towards and beyond its RM 0.515+ regions to test the RM 0.58 major resistance soon.

$NOTION / 0083 (NOTION VTEC BERHAD) although retraced all the way back below its RM 1.90+ main support levels earlier this week, was able to hold above its support and breakout all the way towards the RM 2.25 regions today with good volume and buying momentum.

Although it still faced some selling pressure which saw the stock close back towards the RM 2.13+ regions, it's still a pretty good sign here that it's reached its short term dip region already.

If able to breakout from its RM 2.20+ resistance levels soon, could continue on towards and beyond the RM 2.40+ regions for an uptrend continuation pattern.

Additional Listing Announcement /Subdivision of Shares

Titan Trading Notes For Monday [24/6/2024]:

$KLSE-KLCI resumed its retracement during last Friday as it dipped back towards the 1590 points region with over 580 counters closing red along with it for the day. Daily trading volume however remained healthy around the 5.8 billion mark.

Main stocks that showed strong buying momentum during last Friday would be the likes of AGRICORE, K1, JCY, VS, WCT, SNS, NOTION, YTL, SIME, IFCAMSC, IJM, SCOPE, and SENDAI. All of which were able to sustain their rallies throughout the day on the top volumes list despite the mixed market sentiment.

$JCY / 5161 (JCY INTERNATIONAL BERHAD) since retracing from its RM 0.93 regions all the way towards the RM 0.75+ support levels, was able to form its higher low support region and bounced back strong towards the RM 0.85+ regions during last Friday.

For now looking quite strong here and as long as able to hold above its RM 0.82+ immediate support levels, could continue on towards and beyond its RM 0.93+ major resistance levels soon for an uptrend continuation pattern.

Will be monitoring JCY closely here as still seems to be on an uptrend.

$VS / 6963 (V.S. INDUSTRY BERHAD) since breaking out from its RM 1.17+ major resistance levels last week, was able to resume its upward trajectory and rallied all the way towards closing on its intraday high at RM 1.30 during last Friday with good volume and buying momentum.

For now still looking very strong here despite being overbought. As long as able to hold above its RM 1.20+ immediate support, could continue on towards and beyond its RM 1.35 - RM 1.40+ regions soon in the coming week.

Will be monitoring VS closely as the volume and buying momentum seems to be growing quite well here.

$NOTION / 0083 (NOTION VTEC BERHAD) without having to say much, was definitely our star performer for last week as it rallied all the way towards the RM 2.45 regions with huge volume and buying momentum after HLIB gave a target price of over RM 3.20.

For now looking strong here and as long as able to hold above its RM 2.10+ immediate support levels, could continue on towards and beyond its RM 2.50+ regions for a parabolic rally continuation.

Changes in Director's Interest (Section 219 of CA 2016) - DATO' WONG KING KHENG

Changes in Director's Interest (Section 219 of CA 2016) - MR YEOH SAI KONG

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : Dealings Outside Closed Period

Additional Listing Announcement /Subdivision of Shares

@boncos What is this company actually doing? Same with $JCY / 5161 (JCY INTERNATIONAL BERHAD) ?

Additional Listing Announcement /Subdivision of Shares

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : Dealings Outside Closed Period

Changes in Director's Interest (Section 219 of CA 2016) - MR YEOH SAI KONG

Changes in Director's Interest (Section 219 of CA 2016) - DATO' WONG KING KHENG

Additional Listing Announcement /Subdivision of Shares

Titan Trading Notes For Wednesday [5/6/2024]:

$KLSE-KLCI had a decent rebound today back towards the 1615 points region as our overall market started to recover from last week's sell off. Daily trading volume remains average around the 4.45 billion mark, which is nothing too special yet.

Main stocks that showed strong buying momentum would be the likes of JCY, SNS, BJCORP, DSONIC, KENERGY, ASTRO, PMETAL, DNEX, FAJAR, DIALOG, MAHSING, PBBANK, PWRWELL, IFCAMSC, LAGENDA, TECHNAX, SENDAI, CIMB, and NOTION. All of which were able to sustain their rallies throughout the day on the top volumes list.

$JCY / 5161 (JCY INTERNATIONAL BERHAD) was definitely the star player for the day as it rallied all the way towards the RM 0.60 major resistance levels with huge volume and buying momentum here despite being overbought on the daily chart.

For now definitely on a parabolic rally here and as long as able to sustain above its RM 0.55+ immediate support levels, could continue on towards and beyond the RM 0.60+ regions soon.

Will be monitoring JCY closely as the HDD theme seems to be still going strongly and JCY is the leading one.

$SNS / 0259 (SNS NETWORK TECHNOLOGY BERHAD) after briefly retracing back towards its RM 0.58+ regions over the past week, had been able to form a stable base around its RM 0.60+ regions and today, was able to breakout towards the RM 0.67 major resistance levels.

For now looking very strong here still and as long as able to sustain above its RM 0.60+ immediate support, could continue on towards and beyond its RM 0.70+ all time high levels for an uptrend continuation pattern.

Will still be monitoring SNS closely as I'm expecting this stock to be in play for sometime.

$WENTEL / 0298 (WENTEL ENGINEERING HOLDINGS BERHAD) after consolidating over the past 2 months with RM 0.345+ as the main resistance levels on the daily chart, was finally able to breakout today all the way towards the RM 0.36 levels with good volume and buying momentum.

For now looking quite strong here and as long as able to hold above its RM 0.345 immediate support levels, could continue to trend back towards and beyond its RM 0.37 current all time high levels soon.

Additional Listing Announcement /Subdivision of Shares

Titan Trading Notes For Monday [27/5/2024]:

$KLSE-KLCI had a brief retracement back towards the 1619 points region with an overall negative market sentiment as we saw over 840 counters closing red along with it. Daily trading volume remained healthy around the 5.6 billion mark.

Main stocks that showed strong buying momentum would be the likes of AHB, SNS, JCY, SIMEPROP, FAJAR, SSB8, CAPITALA, NOTION, DNEX, INARI, EDELTEQ, MICROLN, FEYTECH, and KGW. All of which were able to sustain their rallies throughout the day on the top volumes list despite the negative market sentiment.

$JCY / 5161 (JCY INTERNATIONAL BERHAD) was definitely one of the best performers for last week as it managed to breakout from its RM 0.36+ major resistance and rallied all the way towards the RM 0.485 major resistance levels with huge volume and buying momentum last week.

For now looking quite strong here and as long as able to sustain above its RM 0.415+ immediate support levels on the daily chart, could continue on towards and beyond the RM 0.485 - RM 0.50+ major resistance levels soon to continue its parabolic rally.

Will be monitoring JCY closely here as the buying momentum is extremely strong.

$EDELTEQ / 0278 (EDELTEQ HOLDINGS BERHAD) on the other hand also had a surprising breakout from its RM 0.42+ major resistance and rallied all the way towards its RM 0.50 major resistance levels here with huge volume and buying momentum.

For now looking very strong here and as long as able to sustain above its RM 0.42+ immediate support levels, could continue on this major trend reversal back towards its RM 0.52 - RM 0.55+ regions soon in the coming weeks.

I believe this surge of demand was largely due to its decent QR results recently. Will be monitoring EDELTEQ closely here.

ADB since consolidating over the past 1-2 months with RM 0.95+ as the main support levels, was finally able to breakout from its RM 1.04 local high regions and rallied all the way towards the RM 1.07 level with good volume and buying momentum during last Friday.

For now looking very bullish here and as long as able to sustain above its RM 1.02 immediate support, could continue on towards and beyond the RM 1.07+ regions to test the RM 1.10+ levels soon.

Additional Listing Announcement /Subdivision of Shares