The blog is with intention to enhance and polish your wealth management skills. Let's learn up the skill set to pick up the bull running hot stock for the day... We will discuss it based on TA (Technical Analysis). We will learn to establish a good TP (trading plan) and be disciplined in trading. Most importantly, we could learn from the friend all around the world. This blog is definitely able to provide a platform to TA devourer for in-depth discussion.
Tuesday, 14 June 2011
Case Study - Air Asia
1. Uptrend - bullish
2. ADXI with good momentum - bullish
3. Stochastic up (hitting 80%) - bullish
4. MACD make turning above of 0 - bullish
5. RSI up (hitting 70%) - bullish
6. Candle stick (form a shooting star at uptrend, potentially bullish reversal, pending confirmation)
Entry price : 3.27
Profit Taking : 3.37, 3.35
Supporting:
S1 : $3.04
S2 : $2.84
S3 : $2.71
Resistance:
R1 : 3.27
R2 : 3.35
R3 :3.53
Labels:
AIR ASIA
Subscribe to:
Post Comments (Atom)
Seems like the counter is blocked by another 2 resistance 3.41 & 3.47. Hopefully can break and close above 3.41 tomorrow.
ReplyDeleteWow...
ReplyDeleteIt break the resistance for 3.47 today...
Let's monitor if it would break next resistance at 3.60.
Take profit at 3.58 and continue to enjoy the profit up to 3.80...
let's go...
Historical high achieved today. It close at 3.67 today. All signals are still intact. Keep holding it with tight trail stop loss strategy. Getting closer to our stretched goal (3.80)...
ReplyDeleteShow us your power, Airasia. Soar as high as your can!!!
Finally Airasia is retracing. I hope you guys has take profit at least during 3.58.
ReplyDeleteAirasia, take a good rest and prepare yourself for another high.
We will be back. :)