Titan Trading Notes For Tuesday [23/7/2024]:

KLCI retraced back towards the 1622 points region today with a negative market sentiment as we saw over 1000 stocks closing red for the day along with it. Daily trading volume settled around the 5.3 billion mark, which is still healthy for now.

Main stocks that showed strong buying momentum today would be the likes of BWYS, DSS, WCT, NOVAMSC, JCY, and AGX. All of which were able to sustain their rallies throughout the day despite the negative market sentiment.

For now still looking very strong here and as long as able to sustain above this support region, could continue on towards and beyond its RM 1.29+ regions for an uptrend continuation pattern.

Will be monitoring WCT closely here as this stock is performing stronger than I expected it to be.

So far seems to have formed a solid base region here already and if able to sustain in the coming few days could rebound back towards the RM 0.75+ regions soon for an uptrend continuation pattern soon.

Will be monitoring JCY closely. If it's able to breakout from its RM 0.75 immediate downtrend resistance, will be a very good sign.

SENDAI is actually looking quite strong here for a potential bullish continuation pattern after building its higher low base at RM 0.50 over the past few months. For now as long as able to sustain above its RM 0.55 immediate support, could continue on towards and beyond the RM 0.60+ regions soon.

Will be monitoring SENDAI closely here.