Fool Trader KLSE Research

Stock Overview -AIRASIA - 27 Mac 2012

fooltrader
Publish date: Tue, 27 Mar 2012, 12:06 PM
AIRASIA ( 5099 : 3.48 ) : Limited downside

Description

Resistance : 4.75
Support : 3.28 3.34

RSI of 31
RSI is oversold

STOCHASTIC
It is oversold

TREND INDICATOR
Comment
The current broadening Triangle is on a limited downside, with a good support of 3.45. This stock is worth considering for accumulation, with an upside target of 4.75. Stop loss is at 3.28

Trading Strategy
Buy. Stop loss is at 3.28
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Discussions
1 person likes this. Showing 4 of 4 comments

Jake

Still on downtrend though

2012-03-27 12:33

cpteh

accumulated this morning. wait.

2012-03-27 12:59

sushi

I think u'r catching falling knives.

2012-03-27 14:40

Jake

If it goes to 3.30, I think it might be safe to buy.

2012-03-27 16:58

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