RHB Retail Research
Trading Stocks - Dialog Group
Dialog Group formed a long white candle, indicating that the momentum of buying could be strong. As the stock rose above the 21-day SMA line, this indicates a positive sign. A bullish bias may emerge above the MYR3.45 level, with an exit set below the MYR3.32 threshold. Towards the upside, the immediate resistance is at MYR3.63 level. This is followed by the MYR3.80 level.
Source: RHB Securities Research - 15 Aug 2019
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