Capital A formed M pattern and completed the pullback, and most probably it will reach this level 0.710 - 0.720. If it bounces back above 0.730 then we can see an uptrend as the bounces happens at the trend line. If the bounce happens as expected then we can see it is making HH & HL.
Capitala formerly known as AirAsia probably “found” its long term “base” @ long term trend line and demand zone.
CapitalA (formerly know as AirAsia) let everyone can “fly/fry” “again!”.. We probably just need to “tightening up” our “tummy” for few more months “saving more fuels” before “taking off” to the moon!!
Breaking its overall trend resistance since covid last year air nz has been bought out its long positions between 1,30-1,55 zone and is currently entering a bullish channel for 2022. ITs overall support has now increased and with covid pandemic almost being finished with vacc rates close to 90% we will see the tourisim business looking to get back in 2022, Price...
AIRASIA may completed its correction at 1.330 at wave 4 (yellow) which is triple zigzag wxyxz (Green Circled).. Price may move down to around RM0.40 ( Damn Cheap !!)
The Covid-19 incident hits hard. There are bright future of Airasia. But, the market need rest. I would prefer to do Dollar Cost Averaging (DCA) or wait for the Correction. Good Luck.
Currently having some form of resistance around the RM0.98 region, having able to surpass this, I believe MYX:AIRASIA has much room to move higher. Targeting an initial area of RM1.50, then RM2.12 and further RM2.63 (lesser probability) IF the initial RM0.98 resistance area is broken. These are just my views and in no way represent any buy/sell call or...
Potential long Entry point at Support here at .91 If support holds, expect to see a more pronounced ascending triangle for a potential break of $1
Trading is an "on going" "Journey" of "Rediscovery" NOT a "Destination" of "Reinvention".. AirAsia possible forming a triple zigzag in wave 4 (yellow) where price could reach at around 1.400 1)weekly 200 EMA 2)Upper Parallel Channel Line of Triple ZigZag 3)Supply Zone before resuming its down trend..
Buy Airasia
AIRASIA Theme: Airline/ Recovery Rst: 1.18 Spp: 1.14 Fresh signal the stock rejects to fall below new support at 1.15, maintaining this momentum will continue to allow upside to kick in until Fibo Ext 100% area.
Buy when people thinking Airasia gonna bankrupt
Breakout on Trend Close:1.02 EP: 0.99- 1.04 Sl: 0.89 TP: 1.29/Open Disclaimer: This study does not constitutes Buy/Sell per say. Please consult your financial advisor before making any trading/investing decision.
AIRASIA might've bottomed out
The cup has formed, and now the handle ... TAYOR
here we already see a reversal. and already create a QM best structure for buy.. and we saw a FAKE OUT that possibility for the price to break thru the price.. The yellow box is the best area zone for a price do a rejection.. there are a few confirmations that made me confident with buy setup 1. The structure has shown a reversal in minor 2. Vaccine...