RHB Retail Research

Trading Stocks - D&O Green Technologies

rhboskres
Publish date: Wed, 10 Jul 2019, 05:43 PM
rhboskres
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RHB Retail Research

D&O Green Technologies’ buying momentum may have returned after it rose above the 21-day SMA line. The upward momentum would likely continue, given that it has breached above the downtrend line drawn in the chart. A bullish bias may appear above the MYR0.585 level, with an exit set below the MYR0.515 threshold. Towards the upside, the near-term resistance is at MYR0.635. This is followed by the MYR0.695 level.

Source: RHB Securities Research - 10 Jul 2019

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