RHB Investment Research Reports

Trading Stocks - Dufu Technology Corp

Publish date: Tue, 31 May 2022, 09:00 AM
0 1,323
An official blog in I3investor to publish research reports provided by RHB Research team.

All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com

RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur

Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216

Dufu Technology Corp. is staging a technical breakout after it moved past the MYR2.44 immediate resistance on srong volume – bouncing above the 21-day average line. If it manages to sustain above that level, the stock may propel towards MYR2.66, then MYR3.00. Conversely, the momentum may reverse if it drops below the MYR2.25 support – drawing a “lower low” bearish pattern beneath the average line.

Source: RHB Securities Research - 31 May 2022

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

Post a Comment