D&O ( A Possible New All Time High ? )

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.