RHB Retail Research
Trading Stocks - Dufu Technology Corp
Dufu Technology may rise higher after it breached above the MYR1.90 threshold. This can be viewed as a continuation of the bulls extending the rebound from 6 Aug’s “Piercing Line” pattern. A bullish bias may emerge above the MYR1.90 level, with an exit set below the MYR1.71 threshold. Towards the upside, the immediate resistance is at MYR2.00 point. This is followed by the MYR2.20 level.
Source: RHB Securities Research - 9 Aug 2019
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