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Trading Idea: Brahims 9474

Brahims (9474) soars after the announcement on 18 Jan 2012, which Brahim’s will subscribe for a 60% stake in Admuda Sdn Bhd via cash and shares.

Refer to the chart, the recently pullback reflects that showing Brahims is setting up his base. This takes the form of a Pennant Bullish Chart Formation.

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