MLCF Maple Leaf Cement Analysis 27 March 2013
MLCF Maple Leaf Cement Rebound insight
Our Preference: Long positions above 16.31 with target at 18.44 and 19.13
Alternative Scenario: Downward Penetration of 16.31 will call for 15.28
NOTE: Buying can be initiated in MLCF with a strict stop loss of 16.31 as its coming back to retest lower edge of its upward trend channel, Currently RSI is Neutral, MACD is indicating that its going to take a rebound to its upper limits at 19.13 also stochastic is in Neutral area and can support a mid term reversal.
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John Doe
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