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AmInvest Research Reports

Author: AmInvest   |   Latest post: Fri, 27 Nov 2020, 10:59 AM

 

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

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D&O Green Technologies has bounced higher during recent sessions. Higher trading volume was recorded in the latest session. With the momentum indicator RSI above 60%, there is a possibility it will break above the resistance price of RM0.61, and move towards the target prices of RM0.635 and RM0.67. The immediate support is anticipated at RM0.575, whereby traders may exit on a breach to avoid the risk of a further consolidation.

Trading Call: Buy upon breakout above RM0.61 Target: RM0.635, RM0.67 (time frame: 3-6 weeks) Exit: RM0.575

Source: AmInvest Research - 2 Oct 2019

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Labels: D&O

Related Stocks

Chart Stock Name Last Change Volume 
D&O 1.79 +0.12 (7.19%) 8,288,200 

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