ELECON ENG. CO. LTD
Long

Very good buying opportunity

277
The stock has once again taken support from the daily trend line today and is moving up within this long 6-month channel. I anticipate it will break out of this channel within the next 3 to 6 months and potentially head back to the 1000 levels. Delivery volumes have been very high over the past few weeks, and management provided a very bullish guidance last month regarding the upcoming quarters.

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