RHB Retail Research

Trading Stocks - 9 June 2020

rhboskres
Publish date: Tue, 09 Jun 2020, 01:17 PM
rhboskres
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RHB Retail Research

Bumi Armada was seen attempting to cross above the MYR0.265 resistance point. An upside breach of this level could signal the rebound which resumed following the retesting of the MYR0.21 support level is extending. Towards the upside, resistance points are expected at MYR0.285, followed by MYR0.325. A stop-loss can be placed below MYR0.245.

Source: RHB Securities Research - 9 Jun 2020

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