RHB Retail Research
Trading Stocks - Dufu Technology
Dufu Technology continued to extend its recent sessions’ positive momentum, and attempted to breach above the downtrend line that extended from the high charted in early August. A breakout from this resistance line, which would be signalled by an upside breach of MYR3.54, may point to the resumption of the uptrend. Resistance levels are marked at MYR3.67 and MYR4.00. A downside breach of MYR3.45 would nullify this thesis.
Source: RHB Securities Research - 16 Nov 2020
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