Tuesday, January 9, 2018

Technical Analysis Jan 2018: AAX (5238)


AIRASIA X BERHAD (5238) 

Observation from Chart:

AAX (5238) retest RM0.43 resistance level?

Will it breakout this strong resistance?

Other indicator:-
MACD moving toward positive region, uptrend sign.
Stochastic %K on BUY call.

Immediate resistance @ RM0.48 level.
Subsequent resistance @ RM0.51 level.

Immediate support @ RM0.37 level.
Subsequent support @ RM0.34 level.

Let's watch closely

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