RHB Retail Research
Trading Stocks - Dufu Technology Corp
Dufu Technology was testing the MYR3.40 level recently. If the price breaks out, a bullish bias may be present above this point, with a target price of MYR3.80, followed by MYR4.14. The stock may consolidate further if it cannot breach above the MYR3.40 threshold decisively in the coming sessions. Support may be found at MYR2.94, where traders can exit upon a breach to limit the downside risk.
Source: RHB Securities Research - 7 Apr 2020
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