RHB Retail Research
Trading Stocks - Dufu Technology Corp.
Dufu Technology may rise higher after posting a white candle and hitting its new 52-week high. As the 21-day SMA line is likely to begin turning upwards, this implies a positive outlook. A positive bias may emerge above the MYR3.20 level, with an exit set below the MYR3.03 threshold. Towards the upside, the immediate resistance is at the MYR3.50 level, followed by the MYR3.70 threshold.
Source: RHB Securities Research - 13 Dec 2019
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