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

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

Technical Analysis Aug 2016: AAX (5238)

AIRASIA X BERHAD (5238) 

Observation from Chart:

AAX (5238) retest ascending triangle resistance level.

Will it breakout this strong resistance?

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

Immediate resistance @ RM0.41 level.
Subsequent resistance @ RM0.49 level.

Immediate support @ MA20 level.
Subsequent support @ MA50 level.

Let's watch closely

Technical Analysis Oct 2014: AAX (5238)

AIRASIA X BERHAD (5238)

Observation from Chart:

AAX (5238) rebound @ RM0.685 support level.

How high will it rebound?

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

Immediate resistance @ RM0.74 level.
Subsequent resistance @ RM0.78 level.

Immediate support @ RM0.685 level.
If break RM0.685, lower low is formed. Most likely it might be facing selling pressure.

Let's watch closely.