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AmInvest Research Reports

Author: AmInvest   |   Latest post: Fri, 13 Dec 2019, 9:23 AM

 

Stocks on Radar - D&O Green Technologies (7204)

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D&O Green Technologies crossed the RM0.735 resistance level. With a healthy RSI level, a bullish bias may be present above this mark with a target price of RM0.79, followed by RM0.845. Meanwhile, it may continue moving sideways if it falls back below the RM0.735 mark in the near term. In this case, the immediate support is anticipated at RM0.69, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on technical rebound above RM0.735

Target: RM0.79, RM0.845 (time frame: 3-6 weeks)

Exit: RM0.69

Source: AmInvest Research - 10 Jan 2019

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Labels: D&O

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Chart Stock Name Last Change Volume 
D&O 0.76 +0.03 (4.11%) 2,433,900 

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