AirAsia 5099
Overall prices are in a ranging mode but the good news is that higher lows are also forming which means it is considered as a very slow uptrend but nevertheless it's an uptrend and that is good news already.
However, dont get you hopes too high first, if prices are to break below the last line of defense then the uptrend is over and also a confirmation of continuous ranging. Another good news is that, I manage to detect a small inflow of monies around the Collection Triangle.
Prices are expected to return towards the Collection Triangle in the Short-term before slowly rallying higher back towards the Fibo Resistance Area in the Mid-term.
Let's observe and see.
Industry: Travel, Leisure & Hospitality.
In this fast-moving digital world, we get information in a few clicks.
However, we rarely get first-hand information and more often we get misleading news.
Investing in stocks today is very different from the past, but one thing hasn't changed - to study about a stock before putting money in.
A stock chart contains data that is publicly available and accurate by itself. By having certainty in data quality, we can comfortably study charts and make investment judgements.
At Chart Story, we believe stock prices move for a reason. Our objective is to share what we believe.