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Daily Trading Idea - AIRASIA– MYR1.82 TAKE PROFIT (TECHNICAL)

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Publish date: Fri, 12 Jun 2015, 10:15 AM
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This is a personal investment blog where I keep important research articles relating to KLSE companies.

AIRASIAmade a major daily Wave 4high of MYR2.37(27 Apr2015) with grossly overbought and bearish signals. Allof its negative signals above suggest a very strong daily downtrend. It is likely to break into lower territory, as it just breached its key support areasin a very clear downward Wave 5move.

TAKE PROFIT (TECHNICAL)on rallies for AIRASIAwith very weak supportsat MYR1.59 and MYR1.78as well as downside target areas ofMYR1.73, MYR1.62and MYR1.15.

Source: Maybank Research - 12 Jun 2015

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Be the first to like this. Showing 8 of 8 comments

MrNobody

take profit????

where is the profit to take?

2015-06-12 19:39

screwdriver

hahahahaha

2015-06-12 21:24

kingcobra

take profits from Tony, I guess!

2015-06-12 21:36

Tonynandes

Boooddoohh!!!!! Apa take profit...telan rugi adalah

2015-06-12 21:54

Tonynandes

Maybank Research mana bolih pakai?! Kerja gaji buta adalah

2015-06-12 22:02

yfchong

Satu ta dua fa

2015-06-12 22:06

chy72

which one is correct...so confuse...1 day have 2 report

2015-06-15 17:56

screwdriver

majority of retailers are selling at loss I guess, where's the profit to take? This must be a troll

2015-06-15 18:02

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