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Dufu Technology Corp. may trend higher after surging to a 2-month high and closing above the RM1.20 resistance level with a long bullish candle yesterday. The 20-day EMA appears poised to turn upward, indicating a potential increase in buying interest in the coming sessions. A bullish bias may emerge above the RM1.20 level, with a stop-loss set at RM1.08, below the 20-day EMA. On the upside, near-term resistance is seen at RM1.40, followed by RM1.50.
