RHB Retail Research

Technical Analysis - Dialog Group

rhboskres
Publish date: Thu, 13 Sep 2018, 04:57 PM
rhboskres
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RHB Retail Research

Dialog Group

Dialog Group’s buying momentum may have returned after it rose above the 21-day SMA line. This upward momentum is likely to continue, given that it has posted a second consecutive white candle. A bullish bias may emerge above the MYR3.43 level, with an exit set below the MYR3.30 threshold. To the upside, the immediate resistance is at MYR3.57. This is followed by the MYR3.80 level.

Source: RHB Securities Research - 13 Sept 2018

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