RHB Retail Research
Technical Analysis - DGB Asia
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DGB Asia’s upside move may persist after it continued holding above the 21-day SMA line. As this line crossed above the 55- day SMA line lately, this has enhanced the buying momentum. A bullish bias may appear above the MYR0.13 level, with an exit set below the MYR0.105 threshold. Towards the upside, the near-term resistance is at MYR0.165. This is followed by the MYR0.185 level.
Source: RHB Securities Research - 27 Jun 2018
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