RHB Retail Research
Technical Analysis - DGB Asia
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DGB Asia may climb higher after hitting its highest point in nearly three months. As the 21-day SMA line crossed above the 55-day SMA line recently, this has enhanced the buying momentum. A bullish bias may emerge above the MYR0.13 level, with an exit set below the MYR0.105 threshold. Towards the upside, the immediate resistance is at MYR0.165. This is followed by the MYR0.185 level.
Source: RHB Securities Research - 22 Jun 2018
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