Analisa Carta TDM

TDM - Illiquid but potential for short term

From the daily chart prices made a higher low with a strong support at 3.32. It breaks from a small consolidation with a significant volume. In addition volume is increasing gradually with price. Furthermore MA(5) is above MA(20) confirms with on the verge of "Golden Crossover" in Stochastic.
I am bullish on the stock for short term with targeting at 3.80 and cut loss at 3.31. 

 

Nabil Fikri MSTA

www.technicalway.blogspot.com 

Research House Recommendation ;

 

Jupiter gave a buy call with a target price at RM4.26.

 

FY

www.faizalyusup.net  

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