AmInvest Research Reports

Stock on Radar - Dufu Technology

AmInvest
Publish date: Tue, 16 Apr 2024, 10:29 AM
AmInvest
0 8,853
An official blog in I3investor to publish research reports provided by AmInvest research team.

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)

We expect further upside for Dufu Technology after it posted a long white candle and pushed above the RM2.10 mark 2 sessions ago. As the 20-day and 50-day EMAs have established their bullish crossover a few candles back, the current upward momentum may continue in the near term. A bullish bias may emerge above the RM2.10 level with stop-loss set at RM1.96, below the 12 Apr low. Towards the upside, near-term resistance level is seen at RM2.40, followed by RM2.60.

Entry : RM2.10–2.19

Target : RM2.40, RM2.60

Exit : RM1.96

Source: AmInvest Research - 16 Apr 2024

Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment