Technical Analysis Feb 2011: AIRASIA (5099)

AIRASIA BERHAD

Observation from Chart:

Since 25 jan 2011, AIRASIA is trading on side way within RM2.67 & RM2.86 range...

RM2.67 is current support level. RM2.86 is resistant level.

If able break up RM2.86 resistant, it might retest next level resistant, which is around RM3.04 level or historial high.

However, if break down RM2.67 level, next support level will be around RM2.56 or RM2.53 (MA100).

Let watch closely.


Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!