Titan Trading Notes For Friday [18/6/2024]:

KLCI retraced briefly back towards the 1607 points region with an overall negative market sentiment as we saw over 670 counters closing red for the day along with it. Daily trading volume however remained at a healthy level of around 5.6 billion.

Main stocks that showed strong buying momentum would be the likes of DFX, SNS, HIAPTEK, CABNET, TIFCAMSC, SUNVIEW, VINVEST, AZRB, SCOPE, YTL, NOTION, and MASTEEL. All of which were able to sustain their rallies throughout the day on the top volumes list despite the weak market sentiment.

For now still looking very strong and not showing any signs of weakness here yet. As long as able to hold above its RM 0.70+ immediate support, could continue on towards and beyond the RM 0.78 major resistance levels for an uptrend continuation pattern.

Definitely one of the best performers for the E-invoice theme here and will be monitoring IFCAMSC closely.

For now looking quite ripe for a brand new uptrend here and as long as able to hold above its RM 0.36+ immediate support level, could continue on towards and beyond the RM 0.38 - RM 0.40+ regions for an uptrend continuation pattern.

Will be monitoring MASTEEL closely here to see how far it can go.

Still looking very strong here and as long as able to sustain above its RM 1.70+ immediate support levels in the short term, could continue strongly on this uptrend towards and beyond the RM 1.83+ regions in the coming weeks.