AAX (5238) - Technical Analysis Aug 2016: AAX (5238)

AAX (5238) - Technical Analysis Aug 2016: AAX (5238)

AIRASIA X BERHAD (5238) 

Observation from Chart:

AAX (5238) retest ascending triangle resistance level.

Will it breakout this strong resistance?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on BUY call.

Immediate resistance @ RM0.41 level.
Subsequent resistance @ RM0.49 level.

Immediate support @ MA20 level.
Subsequent support @ MA50 level.

Let's watch closely

AAX (5238) - Technical Analysis Aug 2016: AAX (5238)
http://www.stocktalk2u.com/2016/08/technical-analysis-aug-2016-aax-5238.html