RHB Retail Research
Trading Stocks - Bumi Armada
Bumi Armada may trend higher after it formed a long white candle and breached above the MYR0.50 mark. With the 21- day SMA line edging upwards, this implies a positive outlook. A positive bias may emerge above the MYR0.50 level, with an exit set below the MYR0.465 threshold. Towards the upside, the immediate resistance is at the MYR0.60 mark. This is followed by the MYR0.67 level.
Source: RHB Securities Research - 18 Nov 2019
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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....
