RHB Retail Research
Technical Analysis - Dufu Technology
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Dufu Technology may rebound further after it tested MYR0.94 support recently. The stock has posted a long white candle and leaving an upside gap, this indicates a positive sign. A bullish bias may appear above the MYR1.03 level, with an exit set below the MYR0.94 threshold. Towards the upside, the near-term resistance is at MYR1.14. This is followed by the MYR1.20 level.
Source: RHB Securities Research - 18 Jul 2018
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