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AIRASIA – Technical View

Tags: airasia

Stock Code: 5099 Airasia Daily Chart: After rebounding off the EMA20 level, AIRASIA has broken out of the RM2.71 resistance level with improved volumes. The MACD Line has issued a BUY signal, but the RSI is slightly overbought. Price may trend towards the targets of the RM3.00 and RM3.30 levels. Support will be set around the RM2.57 level. source: MPlus Research – 22/2/2017 AIRASIA BERHAD



This post first appeared on Bursa Malaysia Stock Market Analysis Digest, please read the originial post: here

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AIRASIA – Technical View

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