Dialog Group may rise higher after recording a higher close vis-a-vis the previous session. Last Friday’s white candle can be viewed as a continuation of the bulls extending the rebound from 14 May’s “Hammer” pattern. A bullish bias may emerge above the MYR3.24 level, with an exit set below the MYR3.10 threshold. Towards the upside, the immediate resistance is at MYR3.42. This is followed by the MYR3.55 level.
Source: RHB Securities Research - 21 May 2019
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Created by rhboskres | Aug 26, 2024