Sunday, February 13, 2022

Technical Analysis Feb 2022: ARMADA (BURSA: 5210)



BUMI ARMADA BERHAD 

Observation from Chart:- 

ARMADA forming higher high & higher low.

Will it breakout uptrend resistance level & form another new high? 

Other indicator:- 
MACD trade at positive region, uptrend sign. 
Stochastic %K on SELL call itinerary. 

Immediate support @ MA20 level. 
Subsequent support @ uptrend support level. 
 
Immediate resistance @ RM0.54 level 
Subsequent resistance @ uptrend resistance level. 

Let's watch closely Disclaimer.

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