Tuesday, June 20, 2017

Technical Analysis Jun 2017: AIRASIA (5099)



AIRASIA BERHAD 

Observation from Chart:

AIRASIA (5099) forming lower high.

Will it form lower low or retest RM2.94 support level?

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

Immediate resistance @ RM3.40 level.
Subsequent resistance @ RM3.58 level.

Immediate support @ RM3.14 level.
Subsequent support @ RM2.94 level.

Let's watch closely.

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