Poll

What indicators that you mainly use in Technical Analysis (TA)?
Moving Average (SMA/EMA)
RSI
Stochastic
MACD
Ichimoku Kinko Hyo
Volume
Momentum
Poll Maker

Tuesday, 1 January 2013

AIRASIA, TA outlook.

AIRASIA (5099)


Personal opinion..
1) Last time failed to break the cloud.. this is another attempt and it is still at early stage..
2) Price at the resistance line of DMA.. it may retrace. However, will keep on monitor if it move further up. If so, then its time to punt more..
3) Sentiment had changed at the lowest price where high volume and spinning candle followed up by long white candle.. and everyday is buying momentum on volume..
4) CCI = from lower no shaping up to 100..
5) RSI already at 50% and above.
6) Stoch is bullish.
7) Bullish divergence formed in MACD prior to price dropped.
8) Of course, i am expecting price to go higher and break those cloud resistance..