Observation from Chart:
AIRASIA (5099) retrace down to MA100 support level.
Will it rebound?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K pending trigger BUY call.
Parabolic Stop & Reversal no BUY call.
Immediate resistance @ RM2.55 level.
Subsequent resistance @ RM2.62 level.
Immediate support @ MA50 / MA100 level.
Strong support @ RM2.20 level.
Let's watch closely.
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