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Wednesday, July 13, 2011

AIR ASIA Reaching to the stars again..



Oooo. If i can look good in this.. For sure Air Asia will fly fly..


(Picture took from some other source)










Observation
1) Trendline - Uptrend( Bullish)
2) Formed higher low- ( Bullish)
3) MACD -4R1G ( Bullish )
4) RSI -Maintaining  and rebound above 70% (Bullish)
5) Sto -  bullish crossover (Bullish)
6) ADX - Strong momentum and bullish
7) Candle Stick - White Candle(Bullish.)
8) Volume Distribution -  Buying Pressure good ( Bullish)




0 Points







       8 Points







Conclusion


Winner BULL

Broke the Resistance at 3.51 and hit our entry point at 3.53

Etry Price 3.53
Resistance 3.69 and 3.88 ( Breakout target)
Support 3.5

1 comment:

  1. I agreed with you too.

    I will add small position at market price tomorrow, but I will maintain average cost below 1.5.

    ReplyDelete

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