Friday 29 Mar 2024
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KUALA LUMPUR (May 3): RHB Retail Research said Dufu Technology Bhd may rebound further after it tested the RM1.83 support in its latest session.

In a trading stocks note today, the research house said given that the stock has formed a “Hammer” pattern on May 2, this indicates a potential rebound.

“A bullish bias may appear above the RM1.83 level, with an exit set below the RM1.83 threshold.

“Towards the upside, the near-term resistance is at RM2.04. This is followed by the RM2.20 level,” it said.

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