AirAsia is trading in a range between RM1.10 and RM1.25. ADX is trending downwards, which confirms that the upward trend is weakening. With the 20-day moving average pointing upwards, it shows that for the past one month, AirAsia is bullish and currently it is supporting the stock price. Support for AirAsia would be at the 20-day moving average (RM1.15 and RM1.10). Resistance will be between RM 1.25 and RM1.30