Dufu Technology may rebound higher after it continued holding above the MYR1.49 support. Yesterday’s candle sent the stock to its 1-month high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR1.67 level, with an exit set below the MYR1.49 threshold. Towards the upside, the near-term resistance is at MYR1.85. This is followed by the MYR2.00 level.

Source: RHB Securities Research - 12 Feb 2019