GLOBETRONICS TECHNOLOGY BHD
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KLSE: GTRONIC - Coiling for a breakout

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A Malaysian semiconductor stock listed on the KLSE, coming towards the upper boundary of a 5-year consolidation pattern.
Depending on how you draw it, it could be a rectangle or an ascending triangle - no matter, the pattern is bullish at this point in time.
The icing on the cake is the small symmetrical triangle forming on the daily chart, which will work nicely as a launching pattern once there is a breakout.

Feragatname

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