Malaysian Airline System Bhd (MAS): 10 March 2014, Monday, 10.55am Singapore Time

Malaysian Airline System Bhd (MAS): 10 March 2014, Monday, 10.55am Singapore Time 

With the unfortunate Air Crash of MH370 Boeing 777-200, Malaysian Airline System Bhd (MAS) has opened at 21 cents, touched a low of 20.5 cents and rebounded strongly from this price. This price was stated in my chart analysis before Malaysian markets (BURSA) even opened for trading. And this price is being executed right at the market open. This price is denoted as the RED ZONE Capitulation Area in my chart (refer: http://donovan-ang.blogspot.sg/2014/03/malaysian-airline-system-berhad-mas-9.html). Donovan saying things before they happen as per always. No hindsight, no if, no else, no assumption. All foresight with cards all laid naked. It is never easy, unless you have loads of top-notch trading and investment experience like Donovan. 

From now onwards, Malaysian Airlines System Bhd (MAS) will spend 2-3 weeks to keep probing towards 18 cents to 20 cents bottom and launch a powerful +50% spike up in price (limited downside from 20 cents, maximum upside from 20 cents spike towards 30 cents). This Air Crash Sell-down is for buying Malaysian Airlines System (MAS) stocks, not for selling.

The company will rally next month on unfortunate air crash and the following weeks after that.

Donovan Norfolk Ang Technical Rating on Malaysia Airline System Berhad (MAS):

+ Strong BUY at 18cents-20cents Capitulation Zone.

+ STRONG BUY ON GAP-DOWN

+ Expect a powerful rebound to 30cents with HIGH UPSIDE of at least +50% profits from 18cents-20cents.

+ Buy against the backdrop of gloom and doom on the company and take profits at +50% profits area (at 30cents) as above.

To reiterate:

+ Use entire March to collect your buys slowly on Malaysian Airline System Bhd (MAS); Malaysia Airlines' MH370 Air Crash will cause the stock to spike up +50% from 18cents to 20cents area. 

+ Buy the counter-trend for Malaysian Airline System Bhd (MAS) as much as possible during this bearishness of the company. The stock will spike up at least +50% in price from late March onwards. Donovan says things before they happen. It is time for Malaysians to show support for your national carrier.

+ Increase your wealth by at least +50% with this buy/long. Just watch.

All Malaysian Airlines System Bhd (MAS) Analysis:
http://donovan-ang.blogspot.sg/search/label/Malaysian%20Airline%20System%20Berhad

Side Note:
On the other hand, Hang Seng Index is leading everyone in its plunge now at -357 points.
This worldwide selling is all within my cards counting calculations. All said before things happen.

Donovan Norfolk Ang

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