Wednesday, March 8, 2023

Technical Analysis Mar 2023 ARMADA (BURSA: 5210)


BUMI ARMADA BERHAD

Observation from Chart:- 

ARMADA forming higher high & higher low. 

Will it retrace down & retest support level? 

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

Immediate support @ RM0.63 level. 
Subsequent support @ uptrend support line. 

Immediate resistance @ uptrend resistance line. 

Let's watch closely Disclaimer.

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