Dufu Technology may rebound higher after it continued holding above the MYR1.52 support. The upward momentum will likely continue, given that it has breached above the downtrend line drawn in the chart. A bullish bias may appear above the MYR1.60 level, with an exit set below the MYR1.52 threshold. Towards the upside, the near-term resistance is at MYR1.76. This is followed by the MYR1.90 level.

Source: RHB Securities Research - 28 Mar 2019