RHB Retail Research
Trading Stocks - Dialog Group
Dialog Group may move higher after recording a white candle for a third consecutive session. Given that the stock has formed a “Hammer” pattern on 9 Mar, this indicates a potential rebound. A positive bias may emerge above the MYR3.16 level, with an exit set below the MYR2.98 threshold. Towards the upside, the immediate resistance is at the MYR3.40 mark, followed by the MYR3.52 level.
Source: RHB Securities Research - 12 Mar 2020
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