Dialog Group broke past the resistance price of RM3.44 in the latest session. With the momentum indicator RSI above 50%, it may climb towards the target price of RM3.55 followed by RM3.64. If it dips below RM3.44, expect a sideway consolidation again. Support is then anticipated at RM3.35, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on continuation above RM3.44
Target: RM3.55, RM3.64 (time frame: 3-6 weeks)
Exit: RM3.35

Source: AmInvest Research - 16 Oct 2019