RHB Retail Research
Technical Analysis - Dialog Group
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Dialog Group formed a long white candle, indicating that momentum of buying could be strong. This close has sent the stock to its highest close in nearly a month, thereby enhancing the positive sentiment. A bullish bias may emerge above the MYR3.22 level, with an exit set below the MYR3 threshold. Towards the upside, the immediate resistance is at MYR3.50. This is followed by the MYR3.70 level.
Source: RHB Securities Research - 16 Jul 2018
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