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Thursday, March 30, 2017

METRO

METRO - 30th Mar 2017

Metro had a very impressive running up today and hit the all time high of $1.195. Couple with high volume this is rather positive.


Both Macd & Rsi are still rising of which may provide further indication that the share price may continue to trend higher.


NAV $1.63.
EPS 0.137
PE 8.7x

Short term wise, I think it may likely continue to move up to test $1.20 then $1.25 with extension to $1.30 and above.
( trade base on your own decision)


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