DUFU TECHNOLOGY CORP. BHD
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DUFU - Small spinning tops after a large bearish candle ?

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DUFU - CURRENT PRICE : RM1.33

DUFU is in a downtrend as the highs and lows are getting lower since JULY 2024.
However, I expect that the bottom may reached since there was a small spinning tops candle appear after a large bearish candle. This spinning tops candle session was traded in high volume indicating that buyers are strong enough to overcome selling pressure.

I would aggressively buy if price the share price moves above the spinning tops real body. In this case, if the share price moves above RM1.34 , I would buy on price RM1.35 - RM1.40.
Target price will be RM1.49 (the high of large bearish candle) and RM1.58. At this level, my stop loss will be the low of the spinning tops candle - RM1.29. This scenario gives an attractive RISK to REWARD ratio.

Then if the stock manages to move above RM1.58 , I would reentry and set a target price of RM1.70. At this point, my stop loss will be RM1.49.

ENTRY PRICE : RM1.35 - RM1.40
TARGET PRICE : RM1.49 and RM1.58
STOP LOSS : RM1.29

If price breaks above RM1.58 , then reentry.
ENTRY PRICE : RM1.59
TARGET PRICE : RM1.70
STOP LOSS : RM1.49

TAYOR !
註釋
Technically today 27 FEBRUARY 2025 is a buy signal.
交易結束:達到停損點

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