D&O Green technologies has rebounded from its low to test the immediate resistance level of RM0.90. With a moderate RSI, a bullish bias may be present above this mark with the target prices of RM0.94 and RM1.02. In this case, the immediate support is anticipated at RM0.835, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy upon breakout above RM0.90
Target: RM0.94, RM1.02 (time frame: 3-6 weeks)
Exit: RM0.835

Source: AmInvest Research - 17 Jan 2020