AmInvest Research Reports

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

AmInvest
Publish date: Wed, 17 Oct 2018, 08:40 AM
AmInvest
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D&O Green Technologies edged above the RM0.885 level in its latest session. With a moderate RSI level, a bullish bias may be present above this mark with a target price of RM1.00. Meanwhile, it may turn sideways if it dips back below the RM0.885 mark in the near term. In this case, the immediate support is anticipated at RM0.815, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on uptrend continuation above RM0.885

Target: RM1.00 (time frame: 3-6 weeks)

Exit: RM0.815

Source: AmInvest Research - 17 Oct 2018

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