RHB Retail Research

Trading Stocks - D&O Green Technologies

rhboskres
Publish date: Fri, 03 Jan 2020, 04:51 PM
rhboskres
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RHB Retail Research

D&O Green Technologies may climb higher after forming a long white candle and hitting its new 52-week high. With the 21-day SMA line edging upwards, this implies a positive outlook sentiment. A positive bias may emerge above the MYR0.87 level, with an exit set below the MYR0.80 threshold. Towards the upside, the immediate resistance is at the MYR1.00 mark. This is followed by the MYR1.10 level.

Source: RHB Securities Research - 3 Jan 2020

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