KUALA LUMPUR (July 18): RHB Retail Research said Dufu Technology Bhd may rebound further after it tested 94 sen support recently.
In a trading stocks note today, the research house said the stock has posted a long white candle and leaving an upside gap, this indicates a positive sign.
“A bullish bias may appear above the RM1.03 level, with an exit set below the 94 sen threshold.
“Towards the upside, the near-term resistance is at RM1.14. This is followed by the RM1.20 level,” it said.