MYX:5210 Supply has been exhausted. Potentially in phase D sign of strength (SOS) rally. A breakout above 0.285 followed by a backup action could provide a good entry. The last reaction has supply absorption characteristics. The cause built from Dec 2018 till Sep 2019 could make ARMADA a good long term campaign. Pay attention if it turns out to be an up...
Based on weekly chart, we do spot a clear change of trend with high volume. High volume started to appear on end of November 2018. This shown activities by Smart Money as they started to do accumulation after the mark-down stage. Another signal appeared in the chart at the end of April 2019 with bullish high volume. Again, this shown Smart Money are ready and...
Strength in the chart: 1. High volume line change 2. No major weakness 3. Potential Pullback 4. Waiting for green pentagon in hourly chart 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
Strength in the chart: 1. Pentagon bullish signal 2. Found new support with NS signal 3. Increasing volume with line change 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
Strength in the chart: 1. Accumulation 2. 2nd attempt to change the trend 3. Pentagon signal with Line Change 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
Better FPSO performance has encouraged the share price of Bumi Armada. A break up above RM 0.27 may provide a higher upside for Bumi Armada
Weakness in the chart: 1. AirAsia X a. Failed breakout b. Broke below support 2. Bumi Armada a. Forming accumulation b. Weakness after Up-Thrust at resistance Send us your preference stock to review based on TradeVSA chart by comment at below. Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct...
If you are one of the investor holding onto this Oil & Gas stock you will see the value of this stock not going up but DOWN instead
Despite the weak financial position and poor financial performance, Armada still has a decent chance of pulling through in view of its strong management. This is helped by signs of recovery in the oilfield services sector- despite recent weakness in crude oil prices. Due to the sharp drop in share price, Armada could be a good stock to a recovery play. However,...
Laburlah Technical Coverage (17-APR, Tuesday): ARMADA Technical Analysis Breakdown 1. Trend: Still bull 2. RSI & Stochastic: Retracing 3. Immediate support: Upper BB 4. Support level: 0.90 5. Catalyst: Bullish crude oil price Disclaimer: The abovementioned is purely for sharing purpose, you should seek advice from relevant personnel and do your own analysis...