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[GTRONIC] To Buy or not ?

Check the daily closing formation. Looks imminent but then again may be false. Support at 1.37, target of 2.00. risk reward of roughly 1:2. haizzz ... decisions decisions.
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The market is playing the theme of "SEMICON", like MPI, UNISEM. Gtronic will not be missed out.
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Yeah u r right . gloves / rubber seemed on the way out judging from today's number.

wonder when will prop come back ?

wahh late owl la lu.
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grabbed some 1.51 just now. God bless.
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something seem not right >.< forgot the impact of strong ringgit against export, OMG
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Doesnt look healthy based on today's closing. Broken through the immediate support and looks likely to test the 1.37 level.

Went in earlier at 1.50. gonna average it down :))
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GTRONIC , MACD indicate over bought position. Short term correction to 1.40 the last support before moving up again or going side way.
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GTRONIC will test SMA 50 at 1.20
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Tomorrow will come back to above 1.50 :D
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Gtronic is forming ascending triangle, 1.60 is the resistance to break.
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BUY, dont hesistate...minimal downside risk . Will break $1.57-$1.60 cluster of resistance soon
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it might undergo BB squeeze before the next rally.
Anybody know the fundamental for this counter?
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Be patient. Dont rush in yet and wait for the buying signal. But should Gtronics fall to 1.20 level then close your eyes and jump in.
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if you look at the share holder. You can see that many people is buying the stock. When you look at the bursa news, they are giving employee share option at 0.50 per share. Maybe selling pressure from employee share option. However, from my opinion, they giving out dividen at 4%. If you can get the stock at RM1, they u can get at least 4% of the money u invest at RM1.
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