RHB Retail Research
Technical Analysis - Dufu Technology Corp
Dufu Technology Corp may rebound further after it tested MYR2.24 support in recent session. As the stock rose above the 21-day SMA line, this indicates a positive sign. A bullish bias may emerge above the MYR2.55 level, with an exit set below the MYR2.24 threshold. Towards the upside, the immediate resistance is at MYR2.85. This is followed by the MYR3.00 level.
Source: RHB Securities Research - 5 Nov 2018
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