AIRASIA below $2.75 by 30-Jun-2012

  • target price: $2.75 ( -28.01 % in 234 days)
  • price when predicted: $3.82
  • current price: $3.46
  • 2183 days pass target date.
Too many good news is bad news, Airasia is growing too rapid, too many purchases of new planes and too many routes. Oil will kill it off when the time is right. DYO homework before follow this thanks.
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Comments

As ive said earlier, too much good news is bad news. Looking at the charts, the downtrend will continue unless there is any catalyst to brake the decline. trade with care.
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