D&O Green Technologies may rise higher after posting another white candle and leaving an upside gap yesterday. This can be viewed as a continuation of the bulls extending the rebound from 19 Dec’s “Bullish Harami” pattern. A bullish bias may emerge above the MYR0.71 level, with an exit set below the MYR0.675 threshold. Towards the upside, the immediate resistance is at MYR0.78. This is followed by the MYR0.845 level.
Source: RHB Securities Research - 28 Dec 2018
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D&OCreated by rhboskres | Aug 26, 2024