AmInvest Research Reports
Stocks on Radar - D&O Green Technologies
AmInvest
Publish date: Mon, 07 Sep 2020, 11:31 AM
AmInvest
0 9,055
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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)
D&O Green Technologies jumped and touched the
RM1.08 resistance level. With its RSI indicator pointing upwards, coupled with a higher high candlestick pattern, we think that the bullish momentum will soon push towards the technical target price of RM1.20 followed by RM1.26. In this case, the downside support is marked at RM0.975, whereby traders may exit on a breach to avoid the risk of a further correction
Trading Call: Buy on pullback RM1.08
Target: RM1.20, RM1.26 (time frame: 2-4 weeks)
Exit: RM0.975
Source: AmInvest Research - 7 Sept 2020
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