Capital A formed M patternCapital 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.
Airasia
Air nz back in businessBreaking 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 prediction,2.20 by feb and 3-5 dollars within the following years with an increase in EV's with its 2030 first electrical plane forecast,
along with this information possible news of deals with Singapore and Malaysia airlines could booster up the price to 5+ within the following years, very solid long term buy imo
AIRASIA May have >1000% BUT may need to be patient..22/Oct/21AIRASIA 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 !!)
AIRASIA - THE FUTURE IS BRIGHT, BUTThe 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.
AIRASIA set for a rebound?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 recommendation. Information shared are meant for educational purposes.
Long Air AsiaPotential 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
AIRASIA possible forming triple zigzag in wave 4 (yellow)7/7/21Trading 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..
AIRASIA - Supported at Key AreaAIRASIA
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.
AIRASIA 5099 Bursa Malaysia 10/3/21Breakout 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.
TARGET FOR LONG *AIRASIA* TARGET AREA RM0.90 TO RM1 PER UNIThere 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 gonna be released on 24th January will support the technical analysis.
3. MA 50 + 200 currently below the price show a reversal
4. Price has breakout previous strong Support and now doing a retest.
airasiaJUST AN IDEA :
as i am looking this, i predict that price for airasia will be bullish since have create a new Higher High for daily chart.
Disclamer : it's not a buy call idea. I save here for myself learning on chart analysis.
AIRASIA - Cabin Crew Prepare for LandingSo AirAsia has a Strong psychological resistance at RM1 as written in previous Analysis
WEEKLY
There is no need to have 10 indicators showing you when to buy and when to sell. With the use of Price Action, We know that this week AA Sellers is in the field and controlling the runway !
A strong bearish candle shows that AA will proceed to slide lower till a strong Support on its price.
Watch out for next week as MALAYSIA is seeing the outflow of money from recovery sector back to Healthcare due to MCO speculation.
Good luck Trading & Set Stop Losses !
*This is just education purposes, please do your own studies as this idea is not a buy sell call on any of the counter*
Bursa AIRASIA - Re-Entry for the Flight to TakeOffMy previous entry was at 0.666 & second at 0.595, has TP 70% of it at the price of 0.880.
Now I am looking for another re-entry at 0.820-0.855 & at the possible price 0.755. But, if I'm planning to hold then I probably will take the TP at Price Zone 1.310-1.435 instead of 1.070 or 1.150.
Disclaimer: If you choose to follow this trading idea you do so at your own risk after giving thorough and reasonable thought and consideration to your actions. All trading is high risk and one of the most difficult activities you will ever consider. Don’t trade with money you can’t afford to lose.
AIRASIA looks set for a reboundMYX:AIRASIA Higher low, coupled with a surge in volume after breaking trendline indicate interests is pouring in. Counter-trend traders may look to this airline for a shorter term speculative play.
AIRASIA - completed rounding bottom for potential +36% upside?With completion of rounding bottom, it could do some pullback before resuming.
However, MACD still showing good momentum eventhough RSI is oversold.
Safer entry would be to wait breakout resistance after neckline
EP 0.910
TP 0.98 (+7%) , 1.10 (+22%), 1.24 (+36%)
SL 0.840 (-7%)
Speed: Very slow with 1469M shares float (44% of 3.34B shares)
Sentiment: Economic recovery theme
AIRASIA - Bullish BreakoutAIRASIA
Rst: 0.78
Spp: 0.695
After some period of consolidation above RB breakout neckline 0.695, the stock has just newly done another breakout today, it will propel to upper BB before reaching another hurdle at 0.865