RHB Retail Research
Trading Stocks - D&O Green Technologies
D&O Green Technologies has been developing a sideways consolidation phase over the past 1.5 weeks on strong volume. Towards the upside, if the stock is able to break away from this consolidation zone by crossing above the MYR2.56 resistance, it may swing towards the MYR2.80 and MYR3.00 resistance points. A downside breach of MYR2.40 would negate this positive price expectation.
Source: RHB Securities Research - 15 Jan 2021
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