RHB Retail Research
Trading Stocks - D & O Green Technologies
D & O Green Technologies is eyeing an uptrend reversal as it bounced off the support in an attempt to move past the consolidation phase of MYR5.80 yesterday – above the 21-day average line. If that level is breached, the follow-through bullish momentum should drive the stock towards the resistance of MYR6.08, then MYR6.50. However, falling below the MYR5.58 support may see the stock descending further below the average line.
Source: RHB Securities Research - 29 Dec 2021
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