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AmInvest Research Reports

Author: AmInvest   |   Latest post: Mon, 2 Aug 2021, 10:12 AM

 

Stocks on Radar - Dufu Technology Corp (7233)

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Dufu Technology Corp rose and tested the RM4.37 resistance level. With its RSI indicator in an uptrend, coupled with higher trading volume, we see a possibility for a technical breakout. If this happens, we expect it to move towards the short-term target prices of RM4.52 and RM4.60. The downside support is projected at RM4.15. Traders are advised to exit on a breach to avoid further losses.

Trading Call: Buy near RM4.37

Target: RM4.52, RM4.60 (time frame: 2-4 weeks)

Exit: RM4.15
 

Source: AmInvest Research - 11 Jun 2021

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Labels: DUFU

Related Stocks

Chart Stock Name Last Change Volume 
DUFU 4.45 -0.05 (1.11%) 734,700 

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