RHB Retail Research
Trading Stocks - Dufu Technology Corporation
Dufu Technology may rebound further after it tested the MYR1.83 support in its latest session. Given that the stock has formed a “Hammer” pattern on 2 May, this indicates a potential rebound. A bullish bias may appear above the MYR1.83 level, with an exit set below the MYR1.83 threshold. Towards the upside, the near-term resistance is at MYR2.04. This is followed by the MYR2.20 level.
Source: RHB Securities Research - 3 May 2019
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