Ichimoku Malaysia Stock Trade of the Week (24-2-2014) 5099-KLS AIRASIA BERHAD.

On 24th Feb 2014, we received 3 TF buy signal for the Malaysia stock Airasia Berhad.
Below is the email alert:
5099-EMAIL
 
 
 
 
 
 
 
 
 
 
The breakout entry on the 120m chart is at $2.43 , initial stop at $2.33 and target $2.57. I choose a target instead of preserve mode was because this trade play is the counter trend of the higher tf; eg daily. If we can reach our target, it will be a minimum 140% reward risk ratio.
Below is the chart:
5099-CHART
 
 
 
 
 
 
 
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About the Author Maneshkumar Patel