Bull and Bear

[ AIRPORT ] _ Hot Stock Of The Day_13-Feb-18

Hot Stock Of The Day 
13-Feb-18 #HSOTD 
AIRPORT
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AIRPORT, 4TH top volume of the day
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lets see what we can read from the chart!
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click for chart

https://www.facebook.com/KLSELION/photos/a.854214074738461.1073741829.848454415314427/920535774772957/?type=3&theater

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it has been rally from 4.10 (2015 Low ) to 9.45 (2018 high, all time high)...
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As per Chart, it has been testing hard to break 9.31-9.45 zone 
(tested once at June2017 , second and third on Jan18 and Feb18)
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(remember our knowledge sharing part 30? breakout strategy?)....

https://www.facebook.com/KLSELION/photos/a.854214074738461.1073741829.848454415314427/920226538137214/?type=3&theater
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if R holds, Bear will have chance to fight back...
Today price drop with volume, bear been fighting hard .. it could visit 8.07-7.83 zone...
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Long Term view:
Slightly bearish
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Mid Term View :
Bearish
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Short Term View:
Bearish
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Resistance to watch
9.31 , 9.45
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Support to watch 
8.07-7.83 zone next 6.60-6.40
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indicator
Moving Average : mixed to Bearish
MACD : Bearish 
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We are bearish on this counter..today's price action are very bearish....... for buyers, u may wait at support zone AND wait for BULLS to fight back...
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Disclaimer :

Please be informed that our stocks pick are solely for education purpose ; it is neither a trading advice nor an invitation to trade.

For trading advice, please speak to your remisier or dealer representative.

you are responsible for your own risk management
Do Your Own Due Diligence 
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May the trend be with you!
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Trade Safe!

 

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