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Daily Trading Stocks- Bumi Armada Bhd

kiasutrader
Publish date: Mon, 27 Aug 2012, 09:58 AM

Armada may decline further after a weak close last Friday. A position can be exited if it closes below RM3.70 and supports are at RM3.50 and RM3.40. Failure to break lower could see a return of buying. However, the downside bias is only eased on a sustained close above RM3.80. Further resistance is at the psychological RM4.00


Source: OSK
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