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DUFU TECHNOLOGY CORP. BHDDUFU TECHNOLOGY CORP. BHDDUFU TECHNOLOGY CORP. BHD

DUFU TECHNOLOGY CORP. BHD

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DUFU trade ideas

DUFU tech corporation- top 20 jewel series of malaysia stockstop 20 jewels frm a very popular local bank... fundamental : I don't know... technical : let's look at some price action... I have been a big fan of DUFU since 2018...DUFU has been in uptrend which could be traced back way into year 2015... after "The Big Fall" in mid March this yr, DUFU has rebounded more than 100% frm the low at RM2, and has broken past the previous high of RM5 which was set in end-of-feb this year...and surpassing that number to continue to create a new-high at RM5.60...this is a new historical high for DUFU so far...the expectation is for DUFU to make up higher price but before that, it might retrace back to the previous structure high which now is the support level at RM4.50-5.00...price below that might trigger new round of selling pressure... On the upside, DUFU might juz shoot all the way up to hit the next level high, which is currently, unknown as there is no past record as reference... current support : RM4.50 – 5.00 lower support : RM 3.20 – 3.70 strong support : RM2.00-2.50 resistance : RM5.30-5.60 (juz breaks to record new high) in overall, DUFU is definitely worth watching... WARNING : this is juz a trading idea...trade at your own risk! plz like and share...
MYX:DUFULong
by HAIDOJO_trading