D&O Green Technologies is moving sideways and touching the RM1.25 resistance level. With its higher high candle stick pattern, coupled with higher trading volume, there is a good chance it will break out and head towards the short-term target price of RM1.29, followed by RM1.32. The downside support is marked at RM1.18. Traders are advised to exit on a breach to avoid further losses.

Trading Call: Buy on breakout RM1.25

Target: RM1.29, RM1.32 (time frame: 2-4 weeks)

Exit: RM1.18

Source: AmInvest Research - 12 Nov 2020