D&O Green Technologies
The strong resistance appears to be at RM5 on the weekly chart. If RM5 is broken, D&O pricing is expected to rise much further. Furthermore, the present D&O chart pattern is an ascending triangle. The ascending triangle is a pattern that continues upwards. Nasdaq's global index has been breaking out 14000 level since June 23, 2021. As a result, I predict the technology stock in the local market will follow the Nasdaq too.
Target Profit: RM6.18
Support: RM5 Resistance Become Support (RBS) * If Breakout
Target Time Frame: (2-3 Weeks)
Potential Gains: 20%
*Disclaimer:
i) I'm not a financial advisor, all my sharing is for educational purpose only.
ii)Please consult with your financial advisor and seek for advise before buy and sell.
The strong resistance appears to be at RM5 on the weekly chart. If RM5 is broken, D&O pricing is expected to rise much further. Furthermore, the present D&O chart pattern is an ascending triangle. The ascending triangle is a pattern that continues upwards. Nasdaq's global index has been breaking out 14000 level since June 23, 2021. As a result, I predict the technology stock in the local market will follow the Nasdaq too.
Target Profit: RM6.18
Support: RM5 Resistance Become Support (RBS) * If Breakout
Target Time Frame: (2-3 Weeks)
Potential Gains: 20%
*Disclaimer:
i) I'm not a financial advisor, all my sharing is for educational purpose only.
ii)Please consult with your financial advisor and seek for advise before buy and sell.