AmInvest Research Reports

Stocks on Radar - Dialog Group (7277)

AmInvest
Publish date: Tue, 31 Dec 2019, 08:55 AM
AmInvest
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Dialog Group has been consolidating sideways during the last few sessions, with an immediate resistance price of RM3.47. With the momentum indicator RSI above 50%, it may breaks above the resistance and moves towards the target price of RM3.61 followed by RM3.80. The support price is then anticipated at RM3.40, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy upon breakout above RM3.47
Target: RM3.61, RM3.80 (time frame: 3-6 weeks)
Exit: RM3.40

Source: AmInvest Research - 31 Dec 2019

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