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Sunday, 9 March 2014

Malaysian Airline System Berhad (MAS): 9 March 2014, Sunday, 10.02pm Singapore Time

Malaysian Airline System Berhad (MAS): 9 March 2014, Sunday, 10.02pm Singapore Time
Chart courtesy of Chartnexus.com

Attached above is the technical analysis of Malaysian Airline System Berhad.

+ Malaysia Airline MH370 air crash during the weekend of 8 March 2014.
+ Malaysia Airline System Berhad (MAS) will gap down and plunge severely tomorrow and over the course of the coming week from 10 March 2014 to 14 March 2014.
+ Estimated plunge target is a -28% sell-down with 18cents-20cents as capitulation zone cum price satisfaction zone of its prior downmove.
+ However, it is not a strong sell or short for this company/stock. On the contrary, this is a STRONG BUY for rebound.
+ This strong buy on the company stocks will be against all logic, popular beliefs and market sentiments.
+ Buy when everyone will be selling. 
+ Collect buy/longs during this capitulation zone of 18cents-20cents.
+ Target is 30cents for a HIGH upside of at least +50% profits.

Donovan Norfolk Ang Technical Rating on Malaysia Airline System Berhad (MAS):
+ Strong BUY at 18cents-20cents Capitulation Zone.
+ 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. Don says things before they happen. It is time for Malaysians to show support for your national carrier.

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  1. Thanks for ur info and analysis.

  2. Would love to see you giving analysis at this live discussion site.
    Feel free to drop your blog link at the chat after your every analysis. Cheers.