Titan Trading Notes For Wednesday [25/9/2024]:

KLCI had a good breakout towards the 1670 points region with an overall mixed market sentiment as we still saw almost 550 counters closing red for the day. Daily trading volume settled around the 3.5 billion mark, which is average.

Main stocks that showed strong buying momentum would be the likes of 99SMART, GTRONIC, APB, SUNWAY, MRDIY, and ARTRONIQ. All of which were able to sustain their rallies throughout the day on the top volumes list despite the mixed market sentiment.

Since breaking out from its RM 1.90+ major resistance levels last week, 99SMART had been able to maintain its upward trajectory. For now still looking strong and as long as able to sustain above its RM 2.13 support, could continue on towards and beyond the RM 2.20+ all time high levels for a bullish continuation pattern.

Will be monitoring 99SMART closely here as it's one of the strongest performing stocks now.

So far looking quite strong here as it faces its RM 0.72 major resistance levels. As long as able to hold above its RM 0.69+ immediate support, could continue on towards and beyond its RM 0.72 - RM 0.75+ major resistance levels soon.

Will be monitoring GTRONIC closely here as the rebound remains strong.

As long as able to maintain this kind of buying momentum, could breakout from its RM 0.60+ main downtrend resistance levels soon for a potential next wave up in the coming weeks.

Will be monitoring SENDAI closely