Tuesday, October 20, 2009

Bad move For Mtronic

I am still remember my post on last friday was Mtronic. I was recommended sold it at 14.5. But yesterday and today morning hit above that level. I am believe a lot of people would blame me if they follow my post at here.

When this afternoon session opened, this share hit by sell volume. Within 25 minutes it was done at 14.5 cents, followed by another hald and hour. The lower is 12.5cents. That is big adjustment and dangerous.

Please avoid this counter temporary and wait the support of 10 cents can sustain or not. Otherwise it can be hit down as low as 6 cents. Overall market still stable by rally on blue chip. If those pennu stocks can not recover in this afternoon, Please stay away for while.

Be careful.

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