ARMADA (5210) : Technical Analysis Nov 2014: ARMADA (5210)
BUMI ARMADA BERHAD
Observation from Chart:-
ARMADA forming lower high & lower low.
How low will it go?
Other indicator:-
MACD trade @ negative region, downtrend sign.
Stochastic %K at oversold stage, pending trigger buy call.
Immediate support RM1.00 psychology support level.
Immediate resistance @ RM1.34 level.
Subsequent resistance @ RM1.43 level.
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