TA on AIRASIA, DVM, E&O (updated)

Following are the updated from previous post (i.e. TA on AIRASIA, DVM, E&O) on 29-07-2012.

AirAsia

Based on the above analysis, AirAsia is more to downtrend.  Support at RM3.56?

DVM

Based on above, the show not come yet.  Wait for next week.

E&O

This counter not only the target hit on 31-07-2012, it's hit limit up RM 1.92 before closed at RM 1.90 on last friday on 10-08-2012.  What's a good shows.  

I believe the gap up on friday after 4pm is due to the rumour news from The Malaysian Insider (SC to order Sime general offer for E&O, say sources).  But, another news from The Star (SC's position on GO in Sime-E&O remains unchanged) out after friday's trading hour.  So, Monday will be another excited shows, the fast and furious shows.  It's just like roller coaster.  One day limit up, and another day limit down?  Let's see how this counter perform on Monday. 

For those done their day trade on Friday, congratulation to you all as earned a handsome profit.  I believe those who bought his son E&O-CA gained the most profit.  While those bought on Friday and still holding it will be worrying over this weekend.