Rakuten Trade Research Reports

Technical View - Dialog Group Bhd (DIALOG,7277)

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Publish date: Wed, 02 Jan 2019, 03:13 PM
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Dialog Group Bhd (DIALOG,7277) 

• DIALOG gained 3 sen or 0.97% to close at RM3.11 on Monday.

Recent breakout near the RM3.12 resistance level accompanied with bullish white candle on Monday suggesting a bullish bias on the share price. Should the follow-through buying momentum continues, we expect share price to pave towards RM3.31 (R1) and further to RM3.43 (R2)

• Conversely, share price has formed a strong support level at RM2.72 (S1) while S2 can be found at RM2.54.

Source: Rakuten Research - 2 Jan 2019

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1 person likes this. Showing 1 of 1 comments

Bruce88

bearish trend, don't buy !

2019-01-02 16:00

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