RHB Retail Research
Trading Stocks - Dufu
Dufu Technology may rebound higher after it continued holding above the MYR3.09 support. Given that the stock has formed a “Hammer” pattern on 8 Jan, this indicates a potential rebound. A positive bias may emerge above the MYR3.25 level, with an exit set below the MYR3.09 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 - 10 Jan 2020
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