Thursday, 13 September 2012

Stock Overview - AIRASIA - 14 Sep 2012

AIRASIA ( 5099 : 2.93 ) : Targeting 3.18/Stop loss 2.86

Description

Resistance : 3.22
Support : 2.86

RSI of 11
RSI is oversold

STOCHASTIC
It is oversold

Comment
Following the recent sell down, it is due for a technical rebound as technicals are oversold

Trading Strategy
Buy. Stop loss is at 2.86

Source:Jupiter Securities Research 14 September 2012

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