TradeVSA Weekly Chart

Strength in the chart:

1. Lots of Spring bar at support to remove weak-holders
2. Price try to close above Spring bar again
3. Potential to re-test resistance at RM1.94

TradeVSA Daily Chart

Strength in the chart:

1. Huge resistance with Gap & Up-Thrust bar
2. Bullish buy signal appeared again on 16 December 2019
3. Another potential +9% to hit resistance

TradeVSA Hourly Chart

Strength in the chart:

1. High volume sell-off bar changes the direction of the market stages
2. Accumulation with shakeout
3. Mark-up stage with no weakness

Watch the video below for more details about AirAsia using Volume Spread Analysis:

17 December 2019

https://www.tradingview.com/chart/AIRASIAC92/EF1Edisk-TradeVSA-Bullish-Signal-in-AirAsia-AirAsia-C92-Macquarie/

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