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$SUCCESS / 7207 (SUCCESS TRANSFORMER CORPORATION BERHAD) – Picking up some momentum

From the observation, we can notice that the share price is forming a higher high and higher low. There are two possible entries, enter when it is above the channel or buy when it dips to RM0.780 (fibo0.5), cut loss below the channel. Currently, the trading volume is slowly increasing. Do that note that, the share prices are in a downtrend.

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