RHB Retail Research
Trading Stocks - D&O Green Technologies
D&O Green Technologies bounced off its double bottom support and tested its immediate resistance yesterday. If it manages to breach above the MYR4.42 immediate resistance level, a bullish bias might be established. The bullish momentum may propel it further towards the MYR4.60 and MYR4.80 resistance levels. Meanwhile, breaching below the MYR4.17 support level may invalidate this trading set-up.
Source: RHB Securities Research - 24 May 2021
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