Tuesday, April 24, 2007

Airasia has surpassed the RM2.00 level

Airasia has broken above its all-time high of RM1.97 on April 20. Today, it appears to be breaking above the RM2.00. If this breakout can sustain, I believe Airasia may have more upside, which may make this stock a good trading BUY.


Chart: Airasia's weekly chart as at April 23

Note: This is strictly a technical call without any consideration of the company's financial performance.

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