RHB Retail Research
Trading Stocks - Dufu Technology Corp
Dufu Technology’s upside move may persist after it continued holding above the rising 21-day SMA line. Yesterday’s candle sent the stock to its new 52-week high, thereby enhancing the bullish sentiment. A positive bias may emerge above the MYR3.28 level, with an exit set below the MYR3.12 threshold. Towards the upside, the immediate resistance is at the MYR3.50 mark. This is followed by the MYR3.70 level.
Source: RHB Securities Research - 24 Dec 2019
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