Apr 15, 2010

MTD Capital stock code 9032

Chart wise : A play in sight……………
mtd-capital above: click to enlarge:

MTD Capital  had on  14/4/2010 crossed over RM3.50 hurdle to a day high of  RM3.60 before settled at RM3.59. 

Next Potential Upside Target : With the upside violation of  RM3.50 level, MTD Capital  would thus be likely to trade upward with next immediate upside target at RM3.70. 

Entry Level  : Risk taking traders may establish buying position at RM3.55.

Stop Loss Level : Once a buying position is being established, a stop loss level at  RM3.45 level  must be placed for risk capital protection purpose followed by trailing stop loss strategy.

source: Mercury Securities