Monday, 9 July 2012 AIRASIA – Stock Pick

Monday, 9 July 2012 AIRASIA – Stock Pick



AIRASIA ( 5099 : 3.80 ) : Take profit

Description

Resistance : 3.85

Support : 3.67

RSI of 69
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the 11/6/2012 buy call at 3.65, we are recommending to take profit as it has hit the target of 3.82

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.