Wednesday, May 24, 2017

Technical Analysis May 2017: AIRASIA (5099)


AIRASIA BERHAD 

Observation from Chart:

AIRASIA (5099) break uptrend support level.

How low will it go?

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

Immediate resistance @ RM3.35 level.
Subsequent resistance @ RM3.40 level.

Immediate support @ RM3.20 level.
Subsequent support @ RM3.15 level.

Let's watch closely.

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