Fool Trader KLSE Research
Stock Overview - AIRASIA - 4 May 2012
AIRASIA ( 5099 : 3.55 ) : Target revised to 4.00
Description
Resistance : 4.00
Support : 3.36 3.44
RSI of 59
RSI is in a buy divergence
STOCHASTIC
It is riding on an upswing
Comment
Following the strong upkick yesterday, we have revised the target to 4.00, from 3.74, on our buy call of 16/4/2012. The 4.00 level is the overhead resistance line, where it may attract profit taking.
Trading Strategy
Buy. Stop loss is at 3.36
Source:Jupiter Securities Research 04 May 2012
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RM4.00 is reasonable TP
2012-05-04 14:56