AIRASIA (5099 : 2.75 ) : Targeting 2.94/Stop loss 2.70
Description
Resistance : 2.94
Support : 2.72
RSI of 33
RSI is oversold
STOCHASTIC
It is oversold
Comment
The breakout yesterday is heading for 2.94. A tight stop loss should be placed at 2.70
Trading Strategy
Buy. Stop loss is at 2.70
Source:Jupiter Securities Research - 13 December 2012