Wednesday, June 17, 2015

AirAsia Facing Heavy Selling. "Catching A Falling Knife"

 
AirAsia Berhad one of darling stock for their abilities to create numerous award these few years are now facing heavy selling. This morning the stock again facing another round of selling. Current price RM1.50
 
At the moment no bottom has been found but based on the chart the next support should be RM1.42. An opportunity to "Catch A Falling Knife"? I think it is not easy. No one will know where is the bottom.

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