Titan Trading Notes For Tuesday [26/3/2024]:

KLCI closed red around the 1537 points region with an overall mixed market sentiment as we still had over 580 counters closing red along with it for the day. Daily trading volume saw a drop back towards the 3.76 billion, which is around today's standards.

Main stocks that showed strong buying momentum would be the likes of SENDAI, SIMEPROP, PLINTAS, SSB8, SPSETIA, TDM, SMETRIC, SUNWAY, PERDANA, PANDA, GFM, MBSB, GDB, DCHCARE, INGENIEU, and TANCO. All of which were able to sustain their rallies throughout the day on the top volumes list.

TDM since breaking out towards the RM 0.285 regions, had been retracing and consolidating over the past few weeks here back towards its RM 0.25+ main support levels only to breakout towards the RM 0.285 regions today.

For now lookin quite ripe for a potential uptrend continuation pattern here and as long as able to hold above its RM 0.26+ support levels, could continue on towards and beyond the RM 0.285+ major resistance levels soon.

Will be monitoring TDM closely here as seems to be on a strong uptrend.

For now looks quite healthy here for an uptrend continuation pattern towards testing and breaking out from its RM 0.30 all time high levels soon in the coming weeks if able to sustain this kind of buying momentum.

Will be monitoring PANDA closely here.

For now looking quite ripe for an uptrend continuation pattern here and as long as able to hold above its RM 1.15 support, could continue on towards and beyond the RM 1.20+ regions for a stronger rally soon.

Will be monitoring CHGP.