Saturday, June 8, 2019

Technical Analysis June 2019: AAX (5238)



AIRASIA X BERHAD (5238) 

Observation from Chart:

AAX (5238) forming double bottom @ RM0.21 level ?

Will it breakout the strong downtrend resistance?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K on BUY call.

Immediate resistance @ RM0.26 level.
Subsequent resistance @ RM0.29 level.

Immediate support @ RM0.22 level.
Subsequent support @ RM0.21 level.

Let's watch closely

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