|
|
Post by zuolun on Oct 19, 2014 15:33:16 GMT 7
A bullish morning star pattern is a powerful 3-candlestick chart pattern indicating that a potential bullish trend reversal is imminent (reliability is high if the 4th one is confirmed by a white marubozu, accompanied with extremely high volume). This chart pattern always reminds me of UMS in mid-May 2012.   A white marubozu without any upper and lower shadows （光头蜡烛) is a +ve pattern which shows that the bulls win the bears.  AirAsia X — Double Bottom FormationAirAsia X closed with a bullish morning star pattern @ RM 0.725 (+0.02, +2.84%) with 8.77m shares done on 17 Oct 2014. Immediate support @ RM 0.68, immediate resistance @ RM 0.76, next resistance @ RM 0.87.    |
|
|
|
Post by zuolun on Oct 22, 2014 13:08:42 GMT 7
|
|
|
|
Post by zuolun on Nov 8, 2014 10:06:02 GMT 7
|
|
|
|
Post by zuolun on Nov 13, 2014 7:40:37 GMT 7
 AirAsia X rebounded strongly from low of RM 0.68 on 15 Oct 2014 and snapped back to RM 0.77 on 12 Nov 2014 after hitting resistance @ RM 0.83, forming a HL and LH; expect the share price to break below the 100d SMA or the immediate support @ RM 0.74, and move lower to retest the last low @ RM 0.68, forming a triple bottom.  AirAsia X — Double Bottom may be negatedAirAsia X closed with an inverted hammer @ RM 0.77 (+0.01, +1.32%) with 5.85m shares done on 12 Nov 2014. Immediate support @ RM 0.74, immediate resistance @ RM 0.83.   |
|
|
|
Post by zuolun on Nov 18, 2014 14:14:00 GMT 7
|
|
|
|
Post by zuolun on Nov 22, 2014 14:18:15 GMT 7
|
|
|
|
Post by zuolun on Dec 9, 2014 11:41:58 GMT 7
|
|
|
|
Post by zuolun on Mar 22, 2015 15:55:16 GMT 7
Higher taxi fares from today, express bus fares from May 15, says SPAD ~ 19 Mar 2015 Malaysian cab fares set to rise by up to 40% ~ 17 Mar 2015 In technical analysis, a stock that has made a new low is one that must be treated with caution and to be avoided buying for longterm investment.AAX ~ Trading in a downward sloping channel, biased to the downsideAAX closed with a spinning top @ RM 0.47 (-0.005, -1.1%) with 5.92m shares done on 20 Mar 2015. Immediate support @ RM 0.40, immediate resistance @ RM 0.49.  AirAsia X — Bearish Rectangle Breakout, biased to the downsideAirAsia X closed with a bullish harami @ RM 0.645 (+0.03, +4.88%) with high volume done at 33.8m shares on 21 Nov 2014. Immediate support @ RM 0.61, strong resistance @ RM 0.68. 
|
|
|
|
Post by zuolun on Mar 27, 2015 16:53:08 GMT 7
|
|
|
|
Post by zuolun on Mar 30, 2015 11:07:49 GMT 7
AirAsia X foresees improvement this year ~ 30 March 2015 AirAsia X seeks nod for RM395m cash call on Friday ~ 26 Mar 2015 AirAsia X rises on upgrade, favourable outlookBy Surin Murugiah 30 Mar 2015 Shares of AirAsia X Bhd rose 2.2% late morning today after MIDF Research upgraded the stock to “Buy” (from Neutral) with a revised target price of 40 sen (from 57 sen), saying the operating environment of the aviation industry looked more favourable for AAX. At 11.30am, AAX (Fundamental: 0.00; Valuation: 0.30) rose one sen to 46.5 sen with 2.9 million shares done. In a note today, MIDF Research said the favourable environment should improve chances of AAX’s turnaround success. It was further encouraged by management’s turnaround plans which addressed the weaknesses in its previous business model. “We believe AAX’s share price has found its bottom. “Hence upgrade AAX to Buy with ex-rights target price of 49 sen based on a justified P/B of 1.3x. “Our fair value implies and FY16 PER of 14.8x and EV/EBITDA of 6.6x,” it said.
|
|
|
|
Post by zuolun on Apr 7, 2015 14:18:15 GMT 7
|
|
|
|
Post by zuolun on Apr 8, 2015 20:26:06 GMT 7
|
|
|
|
Post by zuolun on May 14, 2015 11:38:51 GMT 7
|
|
|
|
Post by zuolun on May 27, 2015 11:26:49 GMT 7
sptl123螳螂捕蝉，黄雀在后。   AAX ~ Bull Trap: Old dog, old tricks AAX closed with a bearish harami @ RM 0.275 (-0.015, -5.2%) with 77.7m shares done on 26 May 2015. Immediate support @ RM 0.25, immediate resistance @ RM 0.30. 
|
|
|
|
Post by zuolun on Jun 9, 2015 9:13:42 GMT 7
sptl123, Follow-up on charts to self-check cheng kay's action (b4 and after the events). Fun on technical analysis: See how the gullible bulls were trapped in AAX on 26 Jun 2015. AAX ~ Bull Trap: Old dog, old tricks AAX closed with a bullish hammer @ RM 0.26 (-0.01, -3.7%) with 18.6m shares done on 8 Jun 2015. Immediate support @ RM 0.25, immediate resistance @ RM 0.27. 
|
|
