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Air Asia retesting the 3.1 resistance

Edwin Toh
Publish date: Sat, 29 Sep 2012, 02:12 PM
Edwin Toh
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Talk about everything all under one roof which help us profit big money!! This blog have Technical Analyze Chart on Selected Stock and Forum for Daily Buy and Sell Call.


Disclaimer
All observation, buy call and sell call based on my own personal view are just for informational purpose and for my personal references to remind my self what i have analyze before and now for self improvement. Buy at your own risk and do not follow my view as i am only a novice analyzer with 60% success only..
Following Message

There was a double bottom formed when it rebound on the previous lower low at 2.8 and went back up after many session of profit taking. Currently it is retesting the 3.1 resistance and will it falter again when it reaches to 3.1...


Let check the Stock Analysis Chart for Air Asia on 28 September 2012








Indicators
1 ) Trendline -Broke above the small downtrendline and went sideline (Slightly Bullish)
 2)  Support/Resistance - formed Lower Low ( Bearish)
3) MACD -Bullish Crossover( Bullish)
4) RSI - Broke above 30% ( Bullish)

 
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CAPITALA (5099)
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