RHB Retail Research

Trading Stocks - D&O Green Technologies

rhboskres
Publish date: Wed, 16 Oct 2019, 06:25 PM
rhboskres
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RHB Retail Research

D&O Green Technologies may rebound higher after it continued holding above the MYR0.595 support. Given that it has formed a long white candle above the rising 21-day SMA line, this means that the bullish sentiment has been enhanced. A positive bias may emerge above the MYR0.635 level, with an exit set below the MYR0.595 threshold. Towards the upside, the immediate resistance is at the MYR0.69 level. This is followed by the MYR0.715 mark.

Source: RHB Securities Research - 16 Oct 2019

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