MALAYSIAN AIRLINE SYSTEM BERHAD
Observation from Chart:
MAS forming ascending triangle pattern.
Will it breakout RM0.25 resistance level?
Other indicator:-
MACD at positivie region, uptrend sign.
Stochastics %K indicator, on BUY call itinerary.
Khazanah to cough out 1.4b ringgit to privatise MAS, offers 27 sen/shr
Source: http://www.businesstimes.com.sg/breaking-news/asia/khazanah-offers-27-sen-share-mas-20140808
As the privatize news & offer price been announced, most likely it will be trade around the offer price range.
Let's watch closely...
Sunday, August 10, 2014
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