Today I will do a case study on Air Asia Bhd (Symbol: 5099). This is an investment holding company that deals with air transport and hotel.
This stock closed at RM0.920 on Monday (21 July 2008). This stock has made a critical down trend since first quarter of year 2008.
The price is currently stable after the last 2nd week chart patterns: Long Lower Shadow. This is a bullish signal that might made the transition from down trend to uptrend in future weeks.
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