Titan Trading Notes For Friday [1/11/2024]:
$KLCI retraced back towards the 1601 points region during Wednesday with an overall bearish market sentiment as we saw over 670 counters closing red for the day along with it. KLCI is quite bearish now and is expected to consolidate around the 1600 points region in the short-mid term.
Daily trading volume settled around the 2.5 billion mark, which is still pretty low and mainly dominated by selling activities. Main stocks that showed strong buying momentum would be the likes of NICE, HAWK, BPURI, GAMUDA, VTC, SDCG, and 99SMART. All of which were able to sustain their rallies throughout the day on the top volumes list.
$NICE / 7139 (NICHE CAPITAL EMAS HOLDINGS BERHAD) after retracing back towards the RM 0.18+ main support levels earlier this week, had been able to hold well above it and broke out strong towards the RM 0.205 regions with huge volume and buying momentum.
For now looking quite bullish here and as long as able to hold above its RM 0.185+ immediate support levels, could continue on towards and beyond its RM 0.205+ regions for a further bullish continuation pattern.
Will be monitoring NICE closely here. The surge likely attributed by rising gold prices.
$SKHAWK / 03049 (STEEL HAWK BERHAD) since retracing back towards the RM 0.265+ major support levels earlier this month, had been able to recover well over the past few weeks, breaking out back towards the RM 0.36 regions on Wednesday with good volume.
For now looking quite strong here and as long as able to hold above its RM 0.35+ immediate support levels, could continue on towards and beyond the RM 0.41 all time high regions soon.
Will be monitoring HAWK closely here as didn't expect this stock to surge up despite the weak market sentiment.
$JTIASA / 4383 (JAYA TIASA HOLDINGS BHD) , following the FCPO's breakout was able to hold steadily above its RM 1.17+ immediate support earlier this week and broke out strong towards the RM 1.24 regions with good volume and buying momentum during Wednesday.
For now it's looking quite bullish and expected to be one of the leading plantation counters to monitor here. Following FCPO's breakout from its major resistance levels earlier this week, will be expecting a potential bull run here if able to hold support of RM 1.17.
Will be monitoring JTIASA closely here as I believe the plantation sector is coming next.
Titan Trading Notes For Friday [25/10/2024]:
$KLCI retraced back towards the 1632 points region with an overall negative market sentiment as we saw over 700 counters closing red along with it for the day. Daily trading volume dipped back towards the 2.6 billion mark, which isn't really a good sight.
Main stocks that showed strong buying momentum would be the likes of NICE, YEWLEE WA, SCABLE, CYPARK, BAHVEST, IHH, TANCO, YEWLEE, and MRDIY. All of which were able to sustain their rallies throughout the day on the top volumes list despite the weak market sentiment.
$NICE / 7139 (NICHE CAPITAL EMAS HOLDINGS BERHAD) so far looking quite strong here as able to breakout towards the RM 0.20 major resistance levels today with good volume and buying momentum despite being overbought here on the daily chart.
For now as long as able to sustain above its RM 0.175+ immediate support, could continue on towards and beyond the RM 0.20+ regions soon for a bullish continuation pattern soon.
Will be monitoring NICE closely here.
$CYPARK / 5184 (CYPARK RESOURCES BERHAD) on the other hand was definitely the star performer today as it was able to breakout strong from its RM 0.725 major resistance levels, rallying all the way back towards the RM 0.80+ regions with huge volume and buying momentum.
For now looking very strong here and as long as able to hold above its RM 0.78+ immediate support levels, could continue on towards and beyond the RM 0.85+ major resistance levels soon.
Will be monitoring CYPARK closely here as something big seems to be brewing.
$KOSSAN / 7153 (KOSSAN RUBBER INDUSTRIES BERHAD) since retracing back towards the RM 1.85+ major support levels earlier this month, had been able to regain momentum and hold above its RM 2.05+ support levels well over the past 2 weeks here on the daily chart.
For now as long as able to hold a higher low region here, could breakout from its RM 2.20+ main downtrend resistance levels on the daily chart for a new uptrend rally soon in the coming weeks.
Will be monitoring KOSSAN closely
Titan Trading Notes For Wednesday [23/10/2023]:
$KLCI retraced back towards the 1642 points region with an overall mixed market sentiment today as we still saw over 500 counters closing red for the day. Daily trading volume remains average around the 2.6 billion mark.
Main stocks that showed strong buying momentum would be the likes of NICE, BAHVEST, 99SMART, CAPITALA, DATAPRP, GAMUDA, WCT, and SPSETIA. All of which were able to sustain their rallies throughout the day on the top volumes list.
$NICE / 7139 (NICHE CAPITAL EMAS HOLDINGS BERHAD) since breaking out from its RM 0.13+ major resistance levels over the past 2 weeks, had been able to sustain the buying momentum and rallied all the way towards the RM 0.185 major resistance levels today with good volume and buying momentum.
For now still looking quite strong and ripe for a potential bullish continuation pattern here. As long as able to hold above its RM 0.15+ immediate support levels, could continue on towards and beyond its RM 0.185 - RM 0.20 major resistance levels soon.
Will be monitoring NICE closely here.
$99SMART / 5326 (99 SPEED MART RETAIL HOLDINGS BERHAD) although retraced back towards the RM 2.32+ major support levels last week, had been able to hold above it as a higher low region and broke back out towards the RM 2.40+ regions today with good volume and buying momentum.
Seems to be looking quite strong here and as long as able to hold above its RM 2.40 immediate support levels on the hourly charts, could continue on towards and beyond the RM 2.50+ major resistance levels soon for a bullish continuation pattern.
Will be monitoring 99SMART closely here as still trending up strong.
$AAX / 5238 (AIRASIA X BERHAD) since retracing back towards its RM 1.70+ support levels last week, had been able to hold well above this region and started to trend back up towards the RM 1.86 levels today with good volume and buying momentum despite the weak market.
For now looking quite ripe for a potential uptrend continuation pattern here. As long as able to hold above its RM 1.80 immediate support, could continue on to trend up towards and beyond its RM 2 major resistance levels soon.
Will be monitoring AAX closely here
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISINGNICHE CAPITAL EMAS HOLDINGS BERHAD ("NICE" OR THE "COMPANY")
PRIVATE PLACEMENT
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISINGNICHE CAPITAL EMAS HOLDINGS BERHAD ("NICE" OR THE "COMPANY")
PROPOSED PRIVATE PLACEMENT OF UP TO 10.00% OF THE TOTAL NUMBER OF ISSUED ORDINARY SHARES IN NICE
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISINGNICHE CAPITAL EMAS HOLDINGS BERHAD ("NICE" OR THE "COMPANY")
PROPOSED PRIVATE PLACEMENT OF UP TO 10.00% OF THE TOTAL NUMBER OF ISSUED ORDINARY SHARES IN NICE
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISINGNICHE CAPITAL EMAS HOLDINGS BERHAD ("NICE" OR THE "COMPANY")
PROPOSED PRIVATE PLACEMENT OF UP TO 10.00% OF THE TOTAL NUMBER OF ISSUED ORDINARY SHARES IN NICE ("PROPOSED PRIVATE PLACEMENT")
$POHKONG / 5080 (POH KONG HOLDINGS BERHAD)
$TOMEI / 7230 (TOMEI CONSOLIDATED BERHAD)
$NICE / 7139 (NICHE CAPITAL EMAS HOLDINGS BERHAD)
$BAHVEST / 0098 (BAHVEST RESOURCES BERHAD)
$ZHULIAN / 5131 (ZHULIAN CORPORATION BERHAD)
DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : Intention to Deal During Closed Period
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISINGNICHE CAPITAL EMAS HOLDINGS BERHAD ("NICE" OR THE "COMPANY")
PROPOSED PRIVATE PLACEMENT OF UP TO 10.00% OF THE TOTAL NUMBER OF ISSUED ORDINARY SHARES IN NICE ("PROPOSED PRIVATE PLACEMENT")
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISINGNICHE CAPITAL EMAS HOLDINGS BERHAD ("NICE" OR THE "COMPANY")
PROPOSED PRIVATE PLACEMENT OF UP TO 10.00% OF THE TOTAL NUMBER OF ISSUED ORDINARY SHARES IN NICE
OTHERSNiche Capital Emas Holdings Berhad ("NICE" or "the Company") - Sokor North Area Mining Joint Venture
OTHERSNiche Capital Emas Holdings Berhad ("NICE" or "the Company") - Sokor North Area Mining Joint Venture
MEMORANDUM OF UNDERSTANDINGNiche Capital Emas Holdings Berhad ("NICE" or "the Company") - Status of the Collaboration between the Company and PT Advance Nickel Energy for the purpose of undertaking a proposed nickel venture in Indonesia ("Collaboration")
DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : Intention to Deal During Closed Period
DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : Intention to Deal During Closed Period