RHB Retail Research

Trading Stocks - Dialog Group

rhboskres
Publish date: Wed, 17 Jul 2019, 05:55 PM
rhboskres
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RHB Retail Research

Dialog Group may rise higher after it formed a second consecutive white candle. As the 21-day SMA line is likely to turn higher, it would appear that the bullish sentiment has been enhanced. A bullish bias may emerge above the MYR3.47 level, with an exit set below the MYR3.31 threshold. Towards the upside, the immediate resistance is at MYR3.66. This is followed by the MYR3.80 level.

Source: RHB Securities Research - 17 Jul 2019

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