Rakuten Trade Research Reports
Technical View - Dufu Technology Corp. Bhd DUFU (7233)
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Publish date: Wed, 04 Sep 2019, 10:16 AM
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All materials published here are prepared by Rakuten Trade. For latest offers on Rakuten Trade products and news, please refer to: https://www.rakutentrade.my/
To sign up for an account: http://bit.ly/40BNqKI
Rakuten Trade
Hotline: +603 2110 7110 (Account Opening, General enquiry)
Email: customerservice@rakutentrade.my
Dufu Technology Corp. Bhd (7233)
- DUFU rose 2.66% or 6 sen to RM2.32 yesterday.
- Since our technical report on 20 Aug 2019, share price has risen 14.9% to current level. Technically, we believe the uptrend remains intact as evidenced by yesterday’s bullish white candle, suggesting sustained buying momentum on the stock.
- From here, resistance levels are expected at RM2.44 (R1) and further to RM2.50 (R2).
- On the flip slide, support levels are found at RM2.16 (S1) and RM2.06 (S2).
Source: Rakuten Research - 4 Sept 2019
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