Technical Summary: The MTR stock was on a long term downtrend that ended in March 2017 when the stock appeared to bottom. Since this time the stock has rounded out this bottom and started showing strength. The stock was setting up for a great technical buying opportunity when it gapped straight through on a takeover offer. This would have meant that for most the buying opportunity was missed. Unless you have a fundamental view on the outcome of the takeover, (e.g. it falls through / competing offer etc) there is nothing left to do here apart from sell and take your profits to the bank.
