DUFU trade ideas
DUFU - PRICE LIKELY TO DROP TO 2.53DUFU in its recent movement, is moving in sideway consolidation and likely to form into symmetrical triangle pattern.
Based on Elliott wave count, the consolidation is likely to over soon. Once complete the formation, price will likely to further retrace to hit target at ballpark value of RM2.53.
Stay aside from Dufu!
DUFU - Short Term Rally DUFU has been in consolidation for some quite time now. I am anticipating a short term buying opportunity until the price retests the upper channel.
Once broken, another buying opportunity will present itself provided a clear RBS exists.
If not, it will drop even further to complete the fibo cycle 4.23 which overlaps with fibo retracement (61.8) of the higher timeframe.