Titan Trading Notes For Friday [21/6/2024]:

KLCI resumed its retracement and closed back red towards the 1592 points region with an overall negative market sentiment as we still saw over 800 counters closing red for the day. Daily trading volume also saw a dip back towards the 5 billion mark, mainly dominated by sellers.

Main stocks that showed strong buying momentum would be the likes of VS, KTI, CABNET, ATAIMS, SEALINK, RGB, TOPGLOV, DFX, GFM, and TECHNAX. All of which were able to sustain their rallies throughout the day on the top volumes list despite the weak market sentiment.

So far looking very bullish here and as long as able to hold above its RM 1.14+ immediate support levels on the daily chart, could continue on towards and beyond the RM 1.30+ regions for an uptrend continuation pattern.

Will be monitoring VS closely here to see how far it can go. I believe big funds are flowing into here which led to the large surge in share prices.

For now still looking very bullish here and as long as able to sustain above its RM 0.46+ immediate support levels, could continue on towards and beyond the RM 0.56+ regions soon for an uptrend continuation pattern.

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

Seems to be looking very strong here and as long as able to hold above its RM 0.485+ immediate support levels, could continue on towards and beyond the RM 0.54+ major resistance levels for a parabolic rally continuation pattern.