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6 pts

Opinion on  Mittal Steel Company NV N Y Registry (MT)     Sector: Basic Materials  >  Industry: Iron & Steel
MT (Arcelor Mittal) is a buy point here for short profit

Jun 28, 2007 05:12 PM UTC
Stockpick
Return Risk
-6.34% LOW
Analyst

MT (Arcelor Mittal) is a buy point here for short profit

Bullish:

  • The Stochastic is howing a strong bullish signal as the %K has crossed above the %D
  • Above its 200 day moving average
  • NO insider selling activities

Bearish:
  • MACD is indicating a weak bearish signal.
Conclusion: Buy Long for short profit


MT:  This call was made on 06/28/07 @ $62.81
Rating:   Positive   $62.81 (06/28/07)
Closed:   07/07/2007 @ $66.63 (+6.08% in 9 days)
Target:   in < two weeks


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