Rakuten Trade Research Reports
Techncial View- D&O Green Technologies Bhd
rakutentrade
Publish date: Mon, 21 Dec 2020, 05:31 PM
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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
D&O Green Technologies Bhd (7204)
• D&O closed 4.5% or 8 sen higher to RM1.86 yesterday.
• Share price remains firmly above all key moving average lines with an upward trendline. With technical indicators showing signs of positive buying momentum, we expect share price to move higher possibly charting new high.
• From here, resistance levels are seen at RM1.97 (R1) and RM2.05 (R2) level.
• Conversely, support levels are set at RM1.79 (S1) and RM1.61 (S2).
Source: Rakuten Research - 22 Dec 2020
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