Tuesday, July 19, 2016

Technical Analysis July 2016: DUFU (7233)


DUFU TECHNOLOGY CORP. BHD 

Observation from Chart:-

DUFU forming higher high & higher low.

How high will it go?

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

Immediate support @ RM0.645 level.
Subsequent support @ RM0.63 which is around MA20 level.

Immediate resistance @ RM0.68 level.
Subsequent resistance @ RM0.70 level .

Insider been disposed the share @ RM0.66 level
For more info, pls refer BursaMalaysia website.



Let's watch closely.

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