AIRASIA BERHAD
Observation from Chart:
AIRASIA is forming head & shoulder? Or double bottom?
Will it break down RM2.85 support level?
Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K pending trigger BUY call.
Immediate support @ RM2.85 level.
Subsequent support @ RM2.65 level.
Immediate resistance @ MA20 level.
Subsequent resistance @ MA50 level.
Let's watch closely.
Sunday, November 11, 2012
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