RHB Retail Research
Trading Stocks - D&O Green Technologies
D&O Green Technologies is showing signs of rebounding towards its all-time high, after staying above the previous resistance for two consecutive days with improved volume. If it remains above the immediate support level of MYR4.00, a continuation of this uptrend will likely occur. Expect the bullish momentum to lift the stock towards MYR4.50 and MYR4.70. A downside breach of MYR4.00 would cancel this expectation.
Source: RHB Securities Research - 22 Mar 2021
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