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Titan Trading Notes For Monday [6/1/2025]:

Although $FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$ retraced and closed red around the 1629 points region, the overall market sentiment was still a pretty good one. Daily trading volume was also able to surge back towards the 3.69 billion mark, which is a pretty good start for the year.
Main stocks that showed strong buying momentum would be the likes of MYEG, DNEX, WCT, UEMS, SIMEPROP, EKOVEST, MRCB, WINSTAR, YTL, IWCITY, GENETEC, CARLORINO, SCGBHD, MAHSING, PWRWELL, and VELESTO. All of which were able to sustain their rallies throughout the day on the top volumes list.
$DNEX (4456.MY)$ had an interesting breakout towards the RM 0.43+ regions with huge volume on Friday, making it one of the star performers last week. This came after it broke out and consolidated around its RM 0.375 support levels over the past month.
So far looking quite ripe for a new uptrend rally here if able to keep up. As long as able to sustain above its RM 0.41+ immediate support level, could continue to trend back up towards the RM 0.45 - RM 0.48+ major resistance levels soon in the coming weeks.
Will be monitoring DNEX closely here as something big could be brewing soon.
$UEMS (5148.MY)$ on the other hand since consolidating over the past 5-6 months without much volume and action, was able to have a huge breakout towards the RM 1.17+ regions during last Friday here out of nowhere.
So far looking quite strong here as it just broke out from its RM 1.10+ main downtrend resistance on the daily chart. If able to sustain the buying momentum, could spark a new uptrend rally back towards the RM 1.28+ major resistance levels soon in the coming weeks.
Will be monitoring UEMS closely here.
$SIMEPROP (5288.MY)$ although took a hit and retraced back towards the RM 1.63+ support levels last week, was able to hold well and broke out towards the RM 1.75 regions with huge volume and buying momentum on Friday.
This is a pretty strong bullish signal here. If able to keep this up, could trend back up towards its RM 1.78 all time high levels soon for an uptrend continuation pattern in the coming week.
Will be monitoring SIMEPROP closely.
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