AIRASIA BERHAD
Observation from Chart:
AIRASIA rebound from RM2.70 to RM3.40 ( +RM0.70 or 26%) which currently retest MA50 level.
Will it break through MA50 resistant level?
Other indicator:-
MACD is moving toward positive region.
Stochastic %K still on buy call position BUT overbought stage.
If unable break through MA50 level, high probably will retrace down retest immediate support, RM3.21 level.
Let watch closely.
Disclaimer:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!
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