Rakuten Trade Research Reports

Technical View - AirAsia Group Bhd (AIRASIA, 5099)

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Publish date: Mon, 04 Mar 2019, 03:16 PM
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  • AIRASIA closed 3 sen or 1.08% lower to RM2.74 last Friday.
  • We believe the recent selling is overdone as the fundamental of the company remains intact hence providing good buying opportunity at current level. 
  • Resistance levels are expected at RM3.29 (R1) and further to RM3.37 (R2).
  • Likewise, support levels can be found at RM2.63 (Si) and RM2.54 (S2).

Source: Rakuten Research - 4 Mar 2019

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