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KLCI gap up today. It's super green due to announcement of QE3? good to see it up toward 1650 level. Bullish... Nice!
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Look at AA chart above, the price jump up today which opened > RM 3.00. Highest at RM 3.11 and closed at RM 3.10. Hopefully yesterday's selling from foreign investors are bottom. Based on the TA, I believe next week AA is in up trend mode.
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Keen to see AA climb up slowly towards RM 3.50, then RM 4. Let it repeat the same footstep during Sept & Oct last year. Cheer up AA!
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Keen to see AA climb up slowly towards RM 3.50, then RM 4. Let it repeat the same footstep during Sept & Oct last year. Cheer up AA!
Air Asia will be a good buy but have to watchout for the resistance and monitor if there is any sign of bearish reversal to formed lower high.
ReplyDeleteIt maybe a dead cat bounce