RHB Retail Research
Trading Stocks - Dufu Technology Corp.
Dufu Technology may rise higher after forming another white candle and leaving an upside gap. Last Friday’s candle has sent the stock to its new 52-week high, thereby enhancing the bullish sentiment. A positive bias may emerge above the MYR4.33 level, with an exit set below the MYR4.00 mark. Towards the upside, the immediate resistance is at the MYR5.00 level, followed by the MYR5.50 threshold.
Source: RHB Securities Research - 10 Feb 2020
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