RHB Retail Research
Trading Stocks - D & O Green Technologies
D & O Green Technologies is set to continue its uptrend after it bounced off from the immediate support of MYR5.65 on surging volume – forming a “higher low” bullish pattern. If it stays above that level, the bullish momentum may lift the stock towards uncharted territory at MYR6.50, followed by MYR7.00. Meanwhile, the stock may move downwards if it falls beneath the MYR5.50 support – voiding the previous breakout level.
Source: RHB Securities Research - 5 Oct 2021
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