RHB Retail Research
Trading Stocks - Dufu Technology
Dufu Technology may rise higher after it breached above the MYR1.70 threshold. Yesterday’s white candle can be viewed as the bulls extending the rebound from 14 Mar’s “Bullish Engulfing” pattern. A bullish bias may emerge above the MYR1.73 level, with an exit set below the MYR1.52 threshold. Towards the upside, the immediate resistance is at MYR1.91. This is followed by the MYR2.07 level.
Source: RHB Securities Research - 5 Apr 2019
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