Monday 26 March 2012

Stock Overview -AIRASIA - 27 Mac 2012

AIRASIA ( 5099 : 3.48 ) : Limited downside

Description

Resistance : 4.75
Support : 3.28 3.34

RSI of 31
RSI is oversold

STOCHASTIC
It is oversold

TREND INDICATOR
Comment
The current broadening Triangle is on a limited downside, with a good support of 3.45. This stock is worth considering for accumulation, with an upside target of 4.75. Stop loss is at 3.28

Trading Strategy
Buy. Stop loss is at 3.28

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