RHB Retail Research

Technical Analysis - Dialog Group

rhboskres
Publish date: Mon, 06 Aug 2018, 09:50 AM
rhboskres
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RHB Retail Research

Dialog may climb higher after posting a white candle and hitting its highest close in more than a month. In view that the 21-day SMA line is likely to begin turning upwards, this is an indication of a positive sign. A bullish bias may emerge above the MYR3.33 level, with an exit set below the MYR3.07 threshold. Towards the upside, the immediate resistance is at MYR3.50. This is followed by the MYR3.70 level.

Source: RHB Securities Research - 6 Aug 2018

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