Hiap Teck Venture Bhd.
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Change of pattern

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After the major rise towards the end of 2020, Hiap Tek formed a cup with handle chart pattern, but unfortunately, the breakout was unsuccessful. It seems to be completing the formation of Asending Triangle. Let's see if it manage to do a breakout from the ascending triangle.

MACD indicator showing a potential golden cross could be an indication of a potential breakout.

Disclaimer:
This is by no means a buy call. Please consult your financial advisor for any investment decision.

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