AirAsia Bhd has fallen to the support price of RM2.20 for the 3rd time on Friday. Is it a good time to collect?
By looking at the technical analysis, it looks like a good time to buy by touching the strong support price level.
On the other hand by looking at the fundamental point of view, I'm fully supporting Air Asia even it's recent numbers are dropping significantly. But people still travel, and the number of people will also increasing as AirAsia makes the travel so affordable just like taking a cab or train right now.
Have you started to hear the grandmas and amateurs out there started to make money from stock market recently?
Since end of last year, I have consistently hearing people make a lot of money from stock market, newbies enter into stock market, even those don't know any but just want to get a piece of it. The market rally is strong and unstoppable since early September last year. A lot of mid and small caps price have grown many times.
Now, based on these information given, can we tell is it the time to cash out our money from stock market?
Malaysia Airline System Berhad (MAS), this company name has spread across almost the entire world over the past 9 days and managed to become the most well-known airline in the world.
However, it gets famous not because it has an outstanding service or stellar result, it's just because of MH370 mysteries that make the crowd following the news, as well as condemning the incapabilities of the relevant party in Malaysia. Well, I won't elaborate more the full story here as everyone has knew about it. I want to focus on share market here.