Dufu Technology may rise higher after it breached above the MYR2.80 threshold. Yesterday’s candle sent the stock to its new 52-week high, thereby enhancing the bullish sentiment. A positive bias may emerge above the MYR2.80 level, with an exit set below the MYR2.53 threshold. Towards the upside, the immediate resistance is at the MYR3.00. This is followed by the MYR3.20 level.
Source: RHB Securities Research - 3 Oct 2019
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