Bumi Armada on a steady recovery trend, says Rakuten

Rakuten Trade said Bumi Armada Bhd has been on a steady recovery trend after experiencing a gap down and hitting its year-to-date low of 41.5 sen in June 2023. In a Technical View note on Monday, the research house said Bumi Armada broke out of its resistance of 55 sen with a high buying volume …

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