Highlights

AmInvest Research Reports

Author: AmInvest   |   Latest post: Mon, 9 Dec 2019, 10:41 AM

 

Stocks on Radar - AirAsia Group (5099)

Author:   |    Publish date:


AirAsia Group rebounded after hitting the strong RM2.42 support level during recent sessions. With a neutral RSI, it may continue to climb above the resistance level of RM2.57. If this happens, its short-term target price will be RM2.74 followed by RM2.89. Meanwhile, the support level is anticipated at RM2.42, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy upon breakout above RM2.57

Target: RM2.74, RM2.89 (time frame: 3–6 weeks)

Exit: RM2.42

Source: AmInvest Research - 26 Apr 2019

Share this
Labels: AIRASIA

Related Stocks

Chart Stock Name Last Change Volume 
AIRASIA 1.68 -0.01 (0.59%) 4,145,700 

  Be the first to like this.
 


 

361  388  467  1044 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 TIGER 0.11+0.02 
 TDM 0.31+0.035 
 PUC 0.05+0.015 
 HSI-C7K 0.26-0.005 
 SANICHI 0.060.00 
 ARMADA 0.465-0.01 
 RSAWIT 0.34+0.04 
 INSAS-WB 0.0050.00 
 MUDAJYA 0.420.00 
 FGV 1.44+0.12 

FEATURED POSTS

1. Leveraged & Inverse ETF CMS

TOP ARTICLES

1. SAPURA ENERGY RECORDS JUMP IN Q3 REVENUE Oil and Gas Malaysia News
2. KRONO - Stock of the Year 2020 The Investment Journey with AlexChong
3. Share that will rise 500% in 2020 Herbert
4. Why should MCA interfere with Utar? - Koon Yew Yin Koon Yew Yin's Blog
5. How and Why Prepare for Recession 2020 How and Why Prepare for Recession 2020
6. We traded SCNWOLF and made RM15,000 profits in nine minutes. The Pelham Blue Fund
7. NETX (0020) THE DISRUPTIVE TECH COMPANY FOR CHANGING TIMES LIKE NOW, Calvin Tan Research THE INVESTMENT APPROACH OF CALVIN TAN
8. Am I a Chinese Chauvinistic? Sslee blog
Partners & Brokers