TIGERAIR - 15TH June 2014 - TigerAir is still on a uptrend mode from TA point of view. Looks like it may move up to re-test 54.5 cents the recent high being touched as of 30th May 2014.Breaking out of 54.5 cents with good volume that may drive the share prices higher towards 60 cents.(trade base on your own decision)
TIGERAIR - 5TH June 2014 - TigerAir had a nice broke-out on 30th May and closed well at 53 cents. The volume was super high , this is generally rather bullish. All 3 indcators such as MACD,RSI & Stochastic are trending upwards which is rather positive. Seems like a Bull flag has been formed on the chart and today closed well at 52 cents had indeed broken out of the Bull flag pattern being triggered at 51.5 cents. This is very positive. Look for it to clear 54.5 cents with ease and head higher towards 60 cents soon.(trade base on your own decision).
CHART TOOLS
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