MAS 14/10/2013

MAS

MAS : Harmonic Pattern..

Mari Tikam ramai2...
1st TP 0.425, 2nd TP 0.46.. ---> For Gartley

3rd TP 0.52 4th TP 0.66  ---> For Crab

Lets the "BERANGAN" continues.

22/9/2013: MAS, INSTACO, MTDACPI, MEDAINC

MAS

Continue to watch as the move is very tight now.
BB Squeeze.
Waiting price to break 0.33.

MAS : TA Outlook

MAS
3786

Background
Malaysian Airline System Berhad provides air transportation and related services in Malaysia and internationally. The company also engages in the promotion, development, operation, and marketing of computerized reservations systems and related services; provision of laundry and cleaning related services; provision of catering and cabin handling services; and provision of tour and travel agency related services. In addition, it involves in air cargo operations, charter freight, and various warehousing activities relating to air cargo operations; the retail of inflight goods and boutique operations; and the purchase, sale, lease, obtaining lease finance, and refinancing of commercial aircraft, as well as offers trucking, clearance, and warehousing services. The company is based in Subang, Malaysia. Malaysian Airline System Berhad is a subsidiary of Penerbangan Malaysia Berhad.

Candlestick

Let's talk about MAS

Long term view

From below chart, this share has been on down trend for a long time already.
start from Oct 2010, until now, has been on down trend as indicate by straight line.

with the current condition, MAS is expecting to continue his down trend due to losses and uncertainty by internal.

Short term view

Many indicators are in positive ways after a strong drop as trader already expected another loss from the company.
On last Friday, share seems started to show some good sign, but closed at open price.
Hopefully in coming days, this share could go to RM1.53 for the 1st target.
With current price, i think it is a good price to enter, and sell anything pass RM1.45 ~ RM1.50.