D&O Green Technologies may climb higher, says RHB Retail Research

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KUALA LUMPUR (Jan 3): RHB Retail Research said D&O Green Technologies Bhd may climb higher after forming a long white candle and hitting its new 52-week high.

In a trading stocks note today, the research house said with the 21-day SMA line edging upwards, this implies a positive outlook sentiment.

“A positive bias may emerge above the 87 sen level, with an exit set below the 80 sen threshold.

“Towards the upside, the immediate resistance is at the RM1.00 mark. This is followed by the RM1.10 level,” it said.