MLCF Maple Leaf Cement Short Term Analysis 23 Jan. 2019

Share Post:

Downside Prevails

Our Pivot: 44.85

Our Preference: Short Sell MLCF below 43.50 with strict stop loss of 44.85 and profit target at 40.00 with extension towards 38.00.

Alternate Scenario: Upward penetration of 44.85 will call for 45.60 and 46.20.

NOTE: MCLF is being capped by  a horizontal resistance along with a descending trend line.

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
Supports62.7161.0960.28
Resistances65.1465.9567.57
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


Explore