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BUMI ARMADA BERHADBUMI ARMADA BERHADBUMI ARMADA BERHAD

BUMI ARMADA BERHAD

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ARMADA trade ideas

Who have the best setup? AirAsia X & Bumi ArmadaWeakness 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 your own research and assessment before deciding to buy or sell any stock
MYX:ARMADA
by MartinTFWong
Armada: Down But Not Out YetDespite 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, given the uncertainty involved, you should not take an oversize position in the stock just yet. Slow accumulation will be safer. Good luck!
MYX:ARMADA
by zhenyu