MLCF Maple Leaf Cement Intraday Analysis 10 Jan. 2019

Downside Prevails

Our Pivot: 48

Our Preference: Short Sell MLCF below 46.50 with strict stop loss of 48 and profit target at 44.60 with extension towards 43.57.

Alternate Scenario: Upward penetration of 47.60 will call for 48.30 and 49.50.

NOTE: MCLF is being capped by a horizontal resistance along with a descending trend line and a bearish harami have been formatted on daily chart which would try to push it downward.

Chart with Supports and Resistances:

MLCF 25

Overview

Quick Snapshot

Free Float

494,255,804

O/S Shares

593,700,666

Market Cap. (m)

0.00

Var Value

15.00

Hair Cut

22.50

Last Price

64.33

Price Adjusted

52 Weeks Range

52w Low

52w High

Intraday

Pivots

Level	1st	2nd	3rd
Supports	62.71	61.09	60.28
Resistances	65.14	65.95	67.57

Adjusted

Price Performance

Time Frame

Price Ch

%Ch

MTD Price Return

1.96

5.44

QTD Price Return

1.96

5.44

3M Price Return

3.71

10.83

6M Price Return

4.66

13.99

9M Price Return

-8.78

-18.78

YTD Price Return

1.95

5.42

1Y Price Return

-7.40

-16.31

3Y Price Return

12.87

51.30

5Y Price Return

-54.46

-58.93