AmInvest Research Reports
Stocks on Radar - Dufu Technology Corp. (7233)
AmInvest
Publish date: Fri, 20 Dec 2019, 08:44 AM
AmInvest
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All materials published here are prepared by AmInvest. For latest offers on AmInvest trading products and news, please refer to: https://www.aminvest.com/eng/Pages/home.aspx
Tel: +603 2036 1800 / +603 2032 2888
Fax: +603 2031 5210
Email: enquiries@aminvest.com
Office Hours
Monday to Thursday: 8:45am – 5:45pm
Friday: 8:45am – 5:00pm
(GMT +08:00 Malaysia)
Dufu Technology Corp. has been consolidating range-bound during recent sessions. With a neutral RSI, there is a possibilibity it will break the immediate resistance of RM3.30, with a target price of RM3.46. On the downside, support price is anticipated at RM3.14 whereby traders may exit on a breach to avoid the risk of a further correction.
Trading Call: Buy upon breakout above RM3.30
Target: RM3.46 (time frame: 3-6 weeks)
Exit: RM3.14
Source: AmInvest Research - 20 Dec 2019
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