RHB Investment Research Reports
Trading Stocks - DIALOG
rhbinvest
Publish date: Wed, 31 Jul 2024, 09:45 AM
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An official blog in I3investor to publish research reports provided by RHB Research team.
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
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Fax : +(60) 3 9200 2216
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
DIALOG is eyeing to stage a bullish breakout, testing the immediate resistance on high volume. Yesterday, the counter charted a bullish candlestick and closed above the 21-day SMA line, showing bullish momentum is gaining traction. If it breaks past the MYR2.55 resistance, the counter will travel towards MYR2.70, and followed by the MYR2.90 mark. Conversely, falling below the MYR2.33 support will kickstart the bearish phase.
Source: RHB Securities Research - 31 Jul 2024
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