Stock Code: 5099
After
rebounding off the EMA20 level, AIRASIA has broken out of the RM2.71
resistance level with improved volumes. The MACD Line has issued a BUY
signal, but the RSI is slightly overbought. Price may trend towards the
targets of the RM3.00 and RM3.30 levels. Support will be set around the
RM2.57 level.
source: MPlus Research – 22/2/2017
AIRASIA BERHAD
The Company is a leading low cost carrier in Southeast Asia. The Group focuses on providing high frequency services on short-haul point-to-point domestic and international routes.
The Company is a leading low cost carrier in Southeast Asia. The Group focuses on providing high frequency services on short-haul point-to-point domestic and international routes.
AIRASIA (5099) - AIRASIA – Technical View - Malacca Securities Research,
http://klse-online.blogspot.com/2017/02/airasia-techncial-view.html