Friday, 24 Feb 2012 AIRASIA – Stock Pick

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

Disclaimer
This report is provided for information purposes only. It is not a complete analysis of every material fact respecting any company, industry, security or investment. Opinions expressed are subject to change without
notice.