Tuesday, 27 Mar 2012 AIRASIA – Stock Pick

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

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.