Bumi Armada may decline further if it closes below the psychological RM4.00 level today. A position can be liquidated below RM4.00, with supports expected at the 5-month supports at RM3.85 and RM3.66. Failure to close below RM4.00 would suggest that buying may return, but this is only confirmed on a close above RM4.10. Strong resistance lies at the April high of RM4.50.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....