Dec 30, 2015

TDM – Consolidation Breakout

TDM Stock Code: 2054
tdm analysis

TDM experienced a consolidation breakout above the RM0.665 level with higher-than-average volumes. The MACD Indicator has issued a “Buy” signal, while the RSI has crossed above 50. Price target will be envisaged around the RM0.725-RM0.77 levels. Support will be located around the RM0.63 level.

Source: Malacca Securities – 30/12/15

The Company' s principal activities are investment holding and providing management services.