D&O Green Technologies may rebound further after it tested the MYR0.705 support in recent sessions. Given that the stock has formed a “Bullish Harami” pattern on 13 Sep, this indicates a potential rebound. A bullish bias may appear above the MYR0.705 level, with an exit set below the MYR0.705 threshold. To the upside, the near-term resistance is at MYR0.755. This is followed by the MYR0.785 level.
Source: RHB Securities Research - 14 Sept 2018
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D&OCreated by rhboskres | Aug 26, 2024