D&O Green Technologies is consolidating below the immediate resistance level of RM0.635. The momentum indiactor RSI has swung above the 50% threshold level, indicating there is a possibility it will break out above the resistance level. If this happens, it will move towards the short-term target prices of RM0.67 and RM0.73. The downside support is anticipated at RM0.57, whereby traders may exit on a breach to avoid the risk of a further correction

Trading Call: Buy on breakout RM0.635

Target: RM0.67, RM0.73 (time frame: 3-6 weeks)

Exit: RM0.57

Source: AmInvest Research - 13 Apr 2020