D&O Green Technologies may rise even further after the stock recently recovered above the MYR0.70 mark. Last Friday’s white candle can be viewed as a continuation of the bulls extending the buying momentum from 16 Oct’s upside gap. A positive bias may emerge above the MYR0.70 level, with an exit set below the MYR0.65 threshold. Towards the upside, the immediate resistance is at MYR0.765. This is followed by the MYR0.80 level.

Source: RHB Securities Research - 29 Oct 2019