Wednesday, August 21, 2019

Technical Analysis Aug 2019: DUFU (7233)



DUFU TECHNOLOGY CORP. BHD 

Observation from Chart:-

DUFU forming double bottom @ RM1.41 level.

Will it form "W" pattern?

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

Immediate support @ RM2.04 level.
Subsequent support @ RM1.90 level.

Immediate resistance @ RM2.30 level.
Subsequent resistance @ RM2.45 level .

Let's watch closely.

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