RHB Retail Research
Trading Stocks - Dufu Technology Corp
Dufu Technology may rebound higher after forming a bullish "Piercing Line" pattern in its latest trade. With the 21-day SMA line edging upwards, this also implies a bullish outlook. A positive bias may emerge above the MYR3.90 level, with an exit set below the MYR3.70 threshold. Towards the upside, the immediate resistance is at MYR4.33. This is followed by the MYR4.50 level.
Source: RHB Securities Research - 4 Feb 2020
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