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Tesla
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Advanced Micro Devices
-- 126.290 
Titan Trading Notes For Tuesday [12/11/2024]:
$FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$ retraced back towards the 1609 points region with an overall negative market sentiment as we still saw over 680 counters closing red for the day here. Daily trading volume remains relatively low around the 2.6 billion mark, mainly dominated by sellers as foreign funds continue their sell off.
Main stocks that showed strong buying momentum would be the likes of AZAMJAYA, CEB, JPG, GENETEC, VTC, VLB, CAPITALA, RL, and MAG. All of which were able to sustain their rallies throughout the day on the top volumes list despite the weak market sentiment.
With $Crude Palm Oil Futures(MAR5) (FCPOmain.MY)$ prices continuing to rally, $JPG (5323.MY)$ led the way for all plantation stocks today, breaking out all the way towards the RM 1.41 regions with huge volume and buying momentum, forming a new all time high once more.
Although it was met with some selling pressure towards the end which saw it close back towards the RM 1.35 levels, so far still looking quite strong here and as long as able to hold above its RM 1.30 immediate support, could continue to trend up higher as FCPO prices show no signs of weakness yet.
Will be monitoring JPG closely here as it's one of the few that can continuously rally with huge volume over the past few weeks among the plantation sector.
$VLB (0273.MY)$ on the other hand since retracing all the way towards the RM 0.475+ levels just last week, was able to breakout all the way towards the RM 0.615 regions today, forming a new all time high here despite the weak market sentiment.
For now looking very strong here and as long as able to hold above its RM 0.565+ immediate support, could continue on this bullish rally here in the coming weeks.
Will be monitoring VLB closely here to see how far it can go.
$AAX (5238.MY)$ since breaking out towards the RM 2+ regions last month, had been retracing and consolidating over the past few weeks here with RM 1.85+ as the main uptrend support levels here.
For now seems to have formed its higher low regions here already and if able to sustain, could rebound back towards the RM 1.95 - RM 2+ major resistance levels soon in the coming few weeks.
Will be monitoring AAX closely here.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Momentum Trader : Aax is setting up a base and looks interesting riding MA20