Dialog Group was testing the MYR3.00 level recently. If the price breaks out, a bullish bias may be present above this point, with a target price of MYR3.30, followed by MYR3.47. The stock may consolidate further if it cannot decisively breach above the MYR3.00 mark in the near term. Support may be found at MYR2.70, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 20 Mar 2020
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Created by rhboskres | Aug 26, 2024