Titan Trading Notes For Monday [23/9/2024]:

KLCI managed to breakout further towards the 1668 points region during last Friday with an overall positive market sentiment. Daily trading volume was also able to soar through the 4.1 billion mark, which is a very positive sign of recovery here.

Main stocks that showed strong buying momentum would be the likes of SIMEPROP, TOPGLOV, SUNWAY, CAPITALA, YTL, EKOVEST, GENETEC, IWCITY, SPSETIA, TANCO, IJM, BAHVEST, UEMS, and YTLPOWR. All of which were able to sustain their rallies throughout the day on the top volumes list.

For now looking quite bullish here and as long as able to sustain above its RM 1.08+ immediate support levels, could continue on towards and beyond the RM 1.14+ major resistance levels soon for an uptrend continuation pattern.

Will be monitoring TOPGLOV closely here.

For now looking strong here as it broke through the RM 0.82+ main downtrend resistance with huge volume. As long as able to sustain, could rally on towards and beyond the RM 0.93+ regions soon.

Will be monitoring CAPITALA closely here as seems to be starting a new uptrend.

So far looking quite bullish here and as long as able to sustain above the RM 1.44+ immediate support levels on the daily chart, could continue on towards and beyond the RM 1.50 - RM 1.69+ regions for an uptrend continuation pattern.