RHB Retail Research
Trading Stocks - Dufu Technology Corp.
Dufu Technology may climb higher after posting a long white candle and hitting its new 52-week high. As the 21-day SMA line is likely to turn higher, this has enhanced the buying momentum. A positive bias may emerge above the MYR4.70 level, with an exit set below the MYR4.45 point. Towards the upside, the immediate resistance is at the MYR5.10 level, followed by the MYR5.50 threshold.
Source: RHB Securities Research - 21 Feb 2020
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