$FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$retraced back towards the 1642 points region with an overall mixed market sentiment today as we still saw over 500 counters closing red for the day. Daily trading volume remains average around the 2.6 billion mark.
Main stocks that showed strong buying momentum would be the likes of NICE, BAHVEST, 99SMART, CAPITALA, DATAPRP, GAMUDA, WCT, and SPSETIA. All of which were able to sustain their rallies throughout the day on the top volumes list.
$NICE (7139.MY)$since breaking out from its RM 0.13+ major resistance levels over the past 2 weeks, had been able to sustain the buying momentum and rallied all the way towards the RM 0.185 major resistance levels today with good volume and buying momentum.
For now still looking quite strong and ripe for a potential bullish continuation pattern here. As long as able to hold above its RM 0.15+ immediate support levels, could continue on towards and beyond its RM 0.185 - RM 0.20 major resistance levels soon.
Will be monitoring NICE closely here.
$99SMART (5326.MY)$although retraced back towards the RM 2.32+ major support levels last week, had been able to hold above it as a higher low region and broke back out towards the RM 2.40+ regions today with good volume and buying momentum.
Seems to be looking quite strong here and as long as able to hold above its RM 2.40 immediate support levels on the hourly charts, could continue on towards and beyond the RM 2.50+ major resistance levels soon for a bullish continuation pattern.
Will be monitoring 99SMART closely here as still trending up strong.
$AAX (5238.MY)$since retracing back towards its RM 1.70+ support levels last week, had been able to hold well above this region and started to trend back up towards the RM 1.86 levels today with good volume and buying momentum despite the weak market.
For now looking quite ripe for a potential uptrend continuation pattern here. As long as able to hold above its RM 1.80 immediate support, could continue on to trend up towards and beyond its RM 2 major resistance levels soon.
Will be monitoring AAX closely here
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