Thursday 23 February 2012

Stock Overview - AIRASIA - 24 Feb 2012

AIRASIA ( 5099 : 3.58 ) : Take profit

Description

Resistance : 3.74
Support : 3.34 3.54

RSI of 40
RSI is weakening

STOCHASTIC
It is weakening

TREND INDICATOR
Sideways

Comment
The small consolidation breakout will point to further downside, once the immediate support at 3.54 is
breached. The 50% retracement level is at 3.34

Trading Strategy
Take profit

Source:Jupiter Research 24 February 2012

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