ARMADA - Tweezer BottomARMADA
Rst: 0.395
Spp: 0.335
Tweezer bottom formation emerged from long term trendline BO neckline, if coming candles continue to form above this trendline (refer to chart), that's positive signal of trend continuation.
Trade ideas
ARMADA AnalysisTechnical analysis
Non-syariah
Resistance breakout with high volume
Price above mid BB (20 MA)
RSI trying to cross overbought area
MACD above centerline
Trading idea
Entry price: 0.280-0.290
Cut loss: 0.265
TP1: 0.310
TP2: 0.340
BUMI ARMADA BERHADtecnical: not yet perfect
fundamental: improving. not sustaning yet
good to be put in watchlist first
Target LONG for ARMADAARMADA target for long area SNR H4 , SL will be below sideway H4 . Wait for PA reversal form before enter market
BUMI ARMADA BERHAD (MYX) -Long IdeasBUMI ARMADA BERHAD (MYX) -Long Ideas, wait for the price reach the value areas
Armada - Buy Up momentum resume and may break previous high soon
(Disclaimer: for demonstrate own planned trade records study only, not for recommend to buy or sell. Please message me for the further detail trading plan)
Armada, Berjaya Tak Buat New High Atau Terus Breakout.Just for Wacth/ study case..not buy call.
View H4 only High Low, New HH New HL like as ABC.
TP 1 = 0.310 - 0.325.
TP 2 = 0.350
SL = 0.205
ARMADA- price to lower upto 0.215. Good buy price. price to lower upto 0.215. Good buy price.
Price to test 100.m.a at 0.280
Bumi Armada - short-term bounceMYX:ARMADA Armada is pretty much a directional momentum play heavily influenced by oil price movement and severity of recession caused by prolonged Covid pandemic. A near 80% fall from high of 0.54 to 0.115 places it into attractive bargain-hunting territory. I predict a 30% rebound back to 0.308 retracement level if it breaks the immediate resistance around 0.245. The overall bear market is still hanging over any potential recovery.
ARMADA 20/02/2020Daily downtrend broken with a push of bullish engulfing can created a higher high, as long the price no broken 0.365 still consider good.
ARMADA, Consolidation at High 23.6% Fibonacci LevelBias: Cautious Bullish . After touching high of 0.550, price dropped and the correction stalled around the 23.6% fibonacci level. #pullback
Stop-loss: 0.445
// Green MA and 23.6% fibonacci retracement.
1st target: 0.550
// Previous high as resistance.
Gentle reminder: Plan the trade and trade the plan. Trade at your own risk. Stay tune!
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Bumi Armada is still below Supply AreaA small experiment with Supply & Demand with Malaysia stock. MYX:ARMADA
<TradeVSA> Bumi Armada - Confirm Pullback with Spring ?Strength in the chart:
1. Spring
2. Mark-up stage
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
ARMADA Trend continuation after bearish divergence.
Bullish scenario, high probability
Corrected to 0.465, with hidden bullish divergence. (green line)
TP1 0.645
TP2 0.73
bearish scenario, lower probability
ABC correction, TP 0.360
ARMADA LONG(WAIT UNTIL PRICE MOVE TO TARGET BOX)THE BEST WAY IF TO WAIT UNTIL PRICE RETRACE FIRST.
AVERAGING EACH OF YOUR ENTRY FOR MM
