D&O Green Technologies may rebound higher after it continued holding above the MYR0.49 support. Yesterday’s long white candle sent the stock to its 2-week high, indicating a positive sign. A positive bias may emerge above the MYR0.52 level, with an exit set below the MYR0.49 threshold. Towards the upside, the immediate resistance is at the MYR0.565 level. This is followed by the MYR0.58 threshold.
Source: RHB Securities Research - 5 Sept 2019
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D&OCreated by rhboskres | Aug 26, 2024