RHB Retail Research

Technical Analysis - D&O Green Technologies

rhboskres
Publish date: Fri, 21 Sep 2018, 04:57 PM
rhboskres
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RHB Retail Research

D&O Green Technologies formed a long white candle, indicating that the momentum of buying could be strong. Yesterday’s close sent the stock to its new 52-week high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR0.785 level, with an exit set below the MYR0.705 threshold. Towards the upside, the near-term resistance is at MYR0.90. This is followed by the MYR1.00 level.

Source: RHB Securities Research - 21 Sept 2018

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