Airasia: Monthly charts on different scale

Last week, I posted on Airasia's technical outlook. I used a semi-log chart because the stock has moved from a low of RM0.70 in 2008 to a high of RM3.80 in 2011. I believe that the semi-log chart gives a more accurate picture whenever a stock rose by move than 100%. This is in response to a reader as incorrect (see earlier post, here).

Based on the above technical outlook, Airasia is a stock worth considering for medium-term investment.


Chart: Airasia's monthly chart as at Jan 9, 2015 (Source: ShareInvestor.com)


Note:
In addition to the disclaimer in the preamble to my blog, I hereby confirm that I do not have any relevant interest in, or any interest in the acquisition or disposal of, Airasia.