Sunday, June 5, 2016

Technical Analysis June 2016: DUFU (7233)

DUFU TECHNOLOGY CORP. BHD

Observation from Chart:-

DUFU rebound @ MA20 support level.

Will it breakout RM0.645 resistance & go higher?

Other indicator:-
MACD trade positive region, uptrend sign.
Stochastic %K on BUY call itinerary.

Immediate support @ RM0.53 level.
Subsequent support @ RM0.51 level.

Immediate resistance @ RM0.575 level.
Subsequent resistance @ RM0.645 level .

Let's watch closely.

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