RHB Retail Research

Author: rhboskres   |   Latest post: Thu, 5 Dec 2019, 5:08 PM


Trading Stocks - D&O Green Technologies

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D&O Green Technologies’ buying momentum may have returned after it rose above the 21-day SMA line. Yesterday’s white candle can be viewed as the bulls extending the rebound from 19 Dec 2018’s “Bullish Harami” pattern. A bullish bias may emerge above the MYR0.735 level, with an exit set below the MYR0.675 threshold. Towards the upside, the immediate resistance is at MYR0.79. This is followed by the MYR0.86 level.

Source: RHB Securities Research - 10 Jan 2019

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Labels: D&O

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