Titan Trading Notes For Tuesday [10/9/2024]:

KLCI briefly retraced back towards the 1651 points region with an overall negative market sentiment today as we still saw over 730 counters closing red for the day along with it. Daily trading volume settled around the 3.3 billion mark, mainly dominated by selling activities.

Main stocks that showed strong buying momentum would be the likes of 99SMART, PBBANK, CIMB, SENDAI, BAHVEST, ATAIMS, IHH, NOTION, IJM, and AMBANK. All of which were able to sustain their rallies throughout the day on the top volumes list despite the weak market sentiment.

This came after weeks of retracement and consolidation around its RM 0.46 - RM 0.50+ major support levels. For now still facing some selling pressure around its RM 0.60 main downtrend resistance but if able to sustain, could breakout strong and start breaking out soon.

Will be monitoring SENDAI closely.

For now looking quite strong here and seems to have formed a solid support region around the RM 0.34+ regions over the past few weeks already. If able to stay above its RM 0.36+ immediate support, could continue on towards and beyond the RM 0.42+ major resistance levels.

Will be monitoring ATAIMS closely.

So far had been able to hold quite well and formed its higher low region already as it was able to breakout strong towards the RM 2.60++ regions today with good volume and buying momentum. If able to sustain, could continue to trend up towards and beyond the RM 2.90+ regions soon.

Will be monitoring PBA closely for entry opportunities.