Titan Trading Notes For Wednesday [4/9/2024]:

KLCI briefly retraced back towards the 1676 points region with an overall mixed market sentiment as we still had over 500 counters closing red for the day. Daily trading volume settled around the 2.9 billion mark, which isn't really great.

Main stocks that showed strong buying momentum would be the likes of VTC, ELRIDGE, PBBANK, MRCB, YONGTAI, KUCINGKO, TENAGA, TOPGLOV, BJCORP, MALAKOF, MUIPROP, GOHUB, and SUNWAY. All of which were able to sustain their rallies throughout the day on the top volumes list.

So far still looking very strong and as long as able to sustain above its RM 0.53+ immediate support levels, could continue on towards and beyond the RM 0.60++ regions in the coming few days.

Will be monitoring VTC closely here as it's definitely leading the IPO theme here.

For now looking quite strong here and as long as able to sustain above its RM 0.42+ immediate support levels, could continue on towards and beyond its RM 0.475 all time high regions in the coming few days.

Will be monitoring ELRIDGE closely here as the IPO theme seems to be running quite strong.

For now seems to have formed a higher low region around its RM 0.50+ immediate support levels over the past week and broke out strong back towards the RM 0.55+ regions today with good volume and buying momentum.

Looks like a very strong uptrend here and as long as able to sustain, could continue on towards and beyond the RM 0.58+ regions. Will be monitoring VLB closely here.