Monday, 9 July 2012

Stock Overview - AIRASIA - 9 July 2012


AIRASIA ( 5099 : 3.80 ) : Take profit

Description

Resistance : 3.85
Support : 3.67

RSI of 69
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the 11/6/2012 buy call at 3.65, we are recommending to take profit as it has hit the target of 3.82

Trading Strategy
Take profit

Source:Jupiter Securities Research 09 July 2012

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