RHB Investment Research Reports

Trading Stocks - D & O Green Technologies

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Publish date: Wed, 06 Apr 2022, 09:25 AM
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D & O Green Technologies is set to rebound higher as it reversed its recent pullback yesterday to breach the MYR6.00 threshold – firming up its “higher low” bullish pattern. If the bulls follow through, the stock may travel towards the resistance point of MYR4.92, before heading for MYR5.25 – the highest point since 10 Feb. If it falls below the support level of MYR4.42, the stock will likely move downwards, printing a “lower low” bearish structure.

Source: RHB Securities Research - 6 Apr 2022

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