D&O Green Technologies may move higher after it continued holding above the MYR0.71 support. Yesterday’s candle sent the stock to its 7-month high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR0.75 level, with an exit set below the MYR0.71 threshold. To the upside, the near-term resistance is at MYR0.80. This is followed by the MYR0.90 level.
Source: RHB Securities Research - 16 Aug 2018
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Created by rhboskres | Aug 26, 2024