RHB Retail Research
Trading Stocks - Dufu Technology Corp
Dufu Technology may rebound further after it tested the MYR1.81 support in its latest session. In view that the 21-day SMA line is likely to begin turning upwards, this also implies a positive outlook. A bullish bias may appear above the MYR1.81 level, with an exit set below the MYR1.81 threshold. Towards the upside, the near-term resistance is at MYR2.00. This is followed by the MYR2.10 level.
Source: RHB Securities Research - 16 Jul 2019
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