Dufu Technology is poised to rebound higher, says RHB Retail Research


KUALA LUMPUR (June 27): RHB Retail Analysis mentioned Dufu Expertise Bhd is poised to rebound larger after bouncing off the 21-day common line final Friday, whereas shifting in direction of the RM2.90 fast resistance, on robust quantity.

In a buying and selling shares be aware in the present day, the analysis home mentioned if a breakout happens above that stage, the bullish bias might propel the inventory in direction of the RM3.00 mark, earlier than reclaiming March’s excessive of RM3.15 (a resistance stage).

“Nevertheless, the inventory might reverse course if it falls under the RM2.61 help – forming a “decrease low” bearish sample under the common line,” it mentioned.

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