Titan Trading Notes For Tuesday [15/10/2024]:

KLCI had a brief rebound back towards the 1636 points region with an overall negative market sentiment as we still saw over 650 counters closing red for the day. Daily trading volume remained low around the 2.2 billion where sellers were mostly dominating.

Main stocks that showed strong buying momentum would be the likes of PBBANK, PERTAMA, 99SMART, HAWK, YEWLEE, TANCO, FAJAR, and PMHLDG. All of which were able to sustain their rallies throughout the day on the top volumes list.

For now looking quite strong here and as long as able to hold above its RM 0.28 immediate support levels, could breakout from its RM 0.31 immediate downtrend resistance for a further rebound soon.

Will be monitoring PERTAMA closely here.

Today, it was able to rebound well back towards the RM 4.40+ regions with good volume and buying momentum. Could be a sign that it's reached its dip region already and if able to sustain, could rebound further back towards the RM 4.50 main downtrend resistance levels soon.

Will be monitoring PBBANK closely here.

For now looking quite strong here and as long as able to sustain above its RM 1.05 immediate support levels, could continue to trend back up towards the RM 1.10 - RM 1.15+ major resistance levels soon

Will be monitoring TOPGLOV closely here as seems to be recovering quite well.