I had been started to tracking the AAX since a month ago, and waiting for breakthrough patiently, but surprisingly it breakthrough aggressively. From weekly chart, we can see there is couple of pull up volume from big player, then proceed with the flag shape adjustment, finally make a breakthrough. So, this kind of trending structure, I can boldly predict that higher got another higher, which is the target price is about 0.61. Besides, if observe from daily chart, the resistance become support, thus the support is become 0.405, and the retracement support is 0.415. Anyway, I will closely monitoring. Apart from this, AAX is the only left for aviation industry except the flying Air Asia in the KLSE. Therefore, base on these factor, I choice to on-board.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....