AIRASIA BERHAD
Observation from Chart:
AIRASIA (5099) break RM1.65 strong support & follow by 2x gap down.
Will it technical rebound at RM1.22 support level?
Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K at oversold stage, pending trigger BUY.
Immediate resistance @ RM1.35 level.
Subsequent resistance @ RM1.40 level.
Immediate support @ RM1.22 level.
Subsequent support @ RM1.00 level.
MACC outcome to determine final wave
Source: The Edge Markets
Let's watch closely.
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