AirAsia : RSI at 38, hanging at RM3.60. If drops lower, time to check at RM3.48 level, which if it dives to that level, I will grab more of her.


Armada : Recently, I said buy if above RM4.10 and it went above RM4.10 but failed to break-out, and going below RM4.00 and time to stay away as indicators pointing lower now. I will check her again at RM3.90 and then RM3.75




Axiata : A nice waterfall in the making ... checking for reversal.  Will check at RM4.66 and RM4.52 levels. This is noted by tratle DN.

CIMB : High selling volume noted. AT RM6.80 level, and prefer next RM6.65 level would be nice. This is noted by tratle Jess.



MHB : It went below my RM5.40 recently and staging a reversal. Will want to see if the reversal is genuine, otherwise, it may continue to go lower .... when KLCI sentiment turn darker soon ..

TEH : I still have a sell outlook at the current level. I do not see the KLCI moving higher to break 1530 level any soon ... but who knows? Plantation is still rallying and supporting the KLCI at the moment --- KLK, Sime and IOI are giants too.

Conclusion : Buying should be for short trading and selected counters only.