RHB Retail Research

Trading Stocks - Dufu

rhboskres
Publish date: Fri, 10 Jan 2020, 05:28 PM
rhboskres
0 9,020
RHB Retail Research

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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