Tuesday, August 25, 2020

Technical Analysis Aug 2020: AIRASIA (5099)


AIRASIA BERHAD 

Observation from Chart: 

AIRASIA (5099) announced Q2 FY20 result.

Will it forming double bottom @ RM0.50 level? 

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

Immediate resistance @ RM0.79 level. 
Subsequent resistance @ RM0.85 level. 

Immediate support @ RM0.65 level. 
Subsequent support @ RM0.58 level. 

Let's watch closely.

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