This is a follow-up of my past analyses' buy calls on Malaysia Airline System Bhd after the MH370 air disaster:
(My accumulation of BUYS and entries are 18cents-20cents as per my live analysis previously)
Follow-up Technical Analysis of Malaysia Airline System Berhad (KLSE: MAS) is as per illustrated in Daily Chart above.
As per illustrated in Technical Analysis above, Malaysia Airline System will rebound at least +50% from current point. Price-probing process has ended. Capitulation process has ended for the short-mid term. Big Hands and Smart monies are in based on technicals above. A powerful propulsion upwards to backtest 30 cents or more is in the making. This represents at least +50% profits/upside from current point.
Extremely Powerful Dead Cat Bounce Rally is coming for
Malaysia Airline System Berhad (KLSE: MAS)
(Take profits when it is time to and do not fall in love for the stock as we are transiting to bear markets worldwide)