RHB Investment Research Reports

Trading Stocks - Dufu Technology Corp

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Publish date: Tue, 31 May 2022, 09:00 AM
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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

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