RHB Retail Research
Trading Stocks - Duopharma Biotech
Duopharma Biotech may rebound further after it tested the MYR1.58 support recently. Given it formed a long white candle above the rising 21-day SMA line, the bullish sentiment has been enhanced. A positive bias may emerge above the MYR1.63 level, with an exit set below the MYR1.58 threshold. Towards the upside, the immediate resistance is at MYR1.78. This is followed by the MYR1.90 level.
Source: RHB Securities Research - 22 Jan 2020
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