Dialog Group shot up and formed a long white candle in its lastest session. With an RSI level above 60%, it may continue to climb above the resistance price of RM3.56. If this happens, its short-term target price will be RM3.76 followed by RM3.86. If it fails to go above RM3.56, expect a sideway movement. The support price is anticipated at RM3.42, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy upon breakout above RM3.56

Target: RM3.76, RM3.86 (time frame: 3-6 weeks)

Exit: RM3.42

Source: AmInvest Research - 23 Oct 2019