Chart courtesy of Chartnexus.com
Six main points complete the full analysis as below:
6. This selling wave in AirAsia will take merely 3 weeks to 2 months to dry up for a major rebound. Collect slowly because a major rebound in AirAsia will come in 2015.
LATEST (29TH DECEMBER 2014, MONDAY, 3PM):
My first batch of AirAsia stock buys had been triggered at $2.56 and $2.57, the mid-point of my First Buy Zone which is also the place where I pre-warned that AirAsia will open at slightly more than -10% plunge and stabilize. I will be using the 2nd batch (final batch) of bullets at $2.14-$2.21 should it ever come. If not, I will just sit and wait to make lucrative sums of profits money just like how I made it with track records in Malaysia Airlines live trades.