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HONGSENG PENNANT BREAK OUT

Long
MYX:HONGSENG   HONG SENG CONSOLIDATED BERHAD
Consider to study and monitor HONGSENG which appears to break-out from a pennant formation and that the price has also crossed up the pivot point. In addition, HONGSENG's pattern also resembles that of Elliott Waves' ABC corrective zone formation on regular flat. The potential EP, CL and TP are indicated in the chart.

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