Airasia: When Cyclic meets Oversell and Tony makes a move Today is 25th Oct 2020 and as of today, whenever the cyclic meets bullish signal of stochastic(20) for this counter, without fail it is a good time to buy for a swing profit. These price trend are also at low risk as you could see strong support levels such as S1 and S1 which historically proven for years by this counter that every time the MA(20) agrees with the support level, it becomes a valid support level.
But what makes this weekend even more special is, Tony Fernandes had just secured a deal and 300M fund with the majority of it will go to OurFarm’s (its agriculture e-commerce platform) digital food supply chain and cold chain facilities in Sabah. Malaysians know, he can do wonders. I don't know about guys but I will start buying early morning tomorrow :)
Wish you all the best.
