RHB Retail Research
Trading Stocks - Dufu Technology Corp
Dufu Technology was testing the MYR2.50 level in its latest session. If the price breaks out, a bullish bias may be present above this point, with a target price of MYR3.10, followed by MYR3.60. The stock may consolidate further if it cannot breach above the MYR2.50 mark in the near term. Support may be found at MYR1.88, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 25 Mar 2020
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