Dufu Technology may rebound further after it tested MYR1.75 support in recent session. As the 21-day SMA line has crossed above the 55-day SMA line lately, this is an indication of a positive sign. A bullish bias may appear above the MYR1.75 level, with an exit set below the MYR1.75 threshold. Towards the upside, the near-term resistance is at MYR1.91. This is followed by the MYR2.07 level.
Source: RHB Securities Research - 19 Apr 2019
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Created by rhboskres | Aug 26, 2024