Technical Analysis Jan 2015: AIRASIA (5099)
Observation from Chart:
AIRASIA (5099) retrace RM2.75 resistance level.
Will it breakout & close the earlier gap down ?
Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K on BUY call itinerary.
Immediate resistance @ RM2.75 level.
Subsequent resistance @ RM2.80 level.
Immediate support @ RM2.48 level.
Subsequent support @ RM2.38 level.
Let's watch closely.
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