Duopharma Biotech surged and touched the RM1.68
resistance level. With its RSI indicator pointing upward, coupled with a higher trading volume, we see a possibility for a technical breakout. If this happens, we expect it to move towards the short-term target prices of RM1.75 and
RM1.78. The downside support is projected at RM1.58.
Traders are advised to exit on a breach to avoid further losses. Trading Call: Buy on pullback RM1.68
Target: RM1.75, RM1.78 (time frame: 2-4 weeks) Exit: RM1.58
Source: AmInvest Research - 26 Nov 2021
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Created by AmInvest | Nov 21, 2024