Sunday, July 22, 2012

Technical Analysis July 2012: AIRASIA (5099)


AIRASIA BERHAD

Observation from Chart:

AIRASIA is trading sideway.

Will it break through RM3.82 level?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K still on SELL call itinerary.

If able break through RM3.82, it will be formed another higher high.

Immediate support @ MA20 level.

Let's watch closely.

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