KUALA LUMPUR (Feb 23): AllianceDBS Research said renewed buying interest had emerged in AirAsia Bhd (AirAsia) and that AirAsia had on Feb 22 traded higher to settle at the day’s high of RM2.83 (up 8 sen or 2.90%).

In its evening edition yesterday, the research house said AirAsia continued to trade above the 20-day and 50-day moving average lines.

“Following the up close on Feb 22, the stock is likely to move higher again with immediate hurdle at RM2.90.

“A crossover of RM2.90 should see further price rise to the next overhead resistance zone, RM3.00 – RM3.10.

“The support is pegged at RM2.70. A fall below RM2.70 would put pressure on the stock down to the subsequent support zone, RM2.60 – RM2.65,” it said.

AllianceDBS Research said stock volume traded on Feb 22 was 40.8 million shares compared to the 3-month average volume of 17.2 million shares.

The research house said that indicators wise, the MACD was above the 9-day moving average line with the buy signal remains intact.

It said the relative strength index indicated that the stock was currently in an overbought zone.

hot hot one

Anyone know where to get the 4Q16 annual report once AA released it? Bursa website?

Fly ady haha

Suddenly go to 2.61, hope to collect more at 2.5

LONDON (Feb 8): Oil prices slid on Wednesday, extending falls from the previous session, as a big increase in US crude inventories and a slump in Chinese demand implied too much global supply despite OPEC-led efforts to cut output.

International Brent crude futures were trading at US$54.69 per barrel at 1501 GMT, down 36 cents from their previous close.

US West Texas Intermediate (WTI) crude was at US$51.71 a barrel, down 46 cents.

The declines came on the back of unexpectedly big increases in US fuel inventories, as reported by the American Petroleum Institute (API) on Tuesday.

Crude inventories rose by 14.2 million barrels in the week to Feb 3 to 503.6 million barrels, compared with analysts' expectations in a Reuters poll for a 2.5 million barrel increase.

Just follow your own strategy, nothing is 100%

push & resistance, tickets collection day:)

so many retailers sold their shares in early earthquake.

will fly on monday

Told u guys cut loss b4 CNY ady...

must run after Q1

Genting alrd RM8, opportunity to buy at 6.8-7.3

ABC U should go study wht is genting-wa...

is genting-wa

GENTING-WA

ABC, most of the counters are OVERVALUE, I wont buy them now, just be patient.

ABC under 4

5.47*2 =10.94

ABC no, because TG alrd overvalue, thats why much of investor keep selling their shares,I'd rather be patient to waiting the opportunity...

after market collapse , its time to take profit ，be patient ：）

most of the counter is overvalue , thats why EPF keep selling ...

market will collapse before june, just save ur money n waiting the bear come...

eric I called him ytd lol

ytd start dumping ady, if u sell n buy after will be better, now u cannot sell ady, u can only buy more

profit 5% sold, happy new year guys

ABC u didnt sell yesterday?

even its quite high now, but tg wouldnt back to 5=2.5

shell from 7 to now no eyes see

of course fund manager, bcuz retailer dont have such much moneyyyy

suddenly dump

same thinkinsame thinking with i4investor, turn the par value b to RM1, the price is pretty high, but since Malaysia got too much bad news, I think TG price will go up recently

Tp 5.4

lets see after CNY, what will TG react

roller coaster is good , so we get chance to earn money

my hand itching ady...

MYR rebound like a bull this week

ken
how u get those informations of acquired n disposed

jerry got lots of bullets , dont worry

Tmr tg going down, finance counter going up such as Maybank

he wait for his TP

some funds are dumping to creating fears

but dint worry , the price will rebound

too rush....

I am still waiting

ABC how much u loss?

ABC ,oil drop = MYR drop
MYR drop is benefit to topglov,

like petronm got huge profit

ya, cuz they can get cheap oil

abc Maybe u can read this
http://www.marketwatch.com/story/warren-buffetts-berkshire-hathaway-cant-stop-buying-shares-of-this-big-oil-refiner-2016-01-31