RHB Retail Research
Trading Stocks - Dufu Technology Corp
Dufu Technology may rebound further after it tested the MYR1.82 support in its latest session. Yesterday’s white candle has engulfed the prior one to form a “Bullish Engulfing” pattern, implying a potential rebound. A bullish bias may emerge above the MYR1.82 level, with an exit set below the MYR1.82 threshold. Towards the upside, the immediate resistance is at MYR1.98. This is followed by the MYR2.20 level.
Source: RHB Securities Research - 2 Aug 2019
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