RHB Retail Research

Trading Stocks - Dufu Technology Corp

rhboskres
Publish date: Wed, 04 Sep 2019, 11:40 AM
rhboskres
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RHB Retail Research

Dufu Technology Corp may rise higher after it formed a second consecutive white candle. Yesterday’s candle can be viewed as a continuation of the bulls extending the rebound from 26 Aug’s “Hammer” pattern. A positive bias may emerge above the MYR2.25 level, with an exit set below the MYR2.04 threshold. Towards the upside, the immediate resistance is at the MYR2.40 level. This is followed by the MYR2.52 mark.

Source: RHB Securities Research - 4 Sept 2019

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