Monday, December 25, 2017

Technical Analysis Dec 2017: AIRASIA (5099)



AIRASIA BERHAD 

Observation from Chart:

AIRASIA (5099) forming bolinger band sequence.

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 @ RM3.48 level.
Subsequent resistance @ RM3.59 level.

Immediate support @ RM3.17 level.
Subsequent support @ RM3.04 level.

Let's watch closely.

1 comment:

  1. This comment has been removed by a blog administrator.

    ReplyDelete