RHB Retail Research
Trading Stocks - D&O Green Technologies
D&O Green Technologies may rebound higher after it tested the MYR0.59 support lately. Given that the stock has formed a “Hammer” pattern on 23 May, this indicates a potential rebound. A bullish bias may appear above the MYR0.62 level, with an exit set below the MYR0.59 threshold. Towards the upside, the near-term resistance is at MYR0.67. This is followed by the MYR0.695 level.
Source: RHB Securities Research - 30 May 2019
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