At the time of writing, Dialog Group was testing the MYR3.40 resistance. If a decisive breakout occurs, a bullish bias may be present above this point with a target price of MYR3.52, followed by MYR3.70. The stock may consolidate further if it cannot decisively breach above the MYR3.40 threshold in the coming sessions. Support may be found at MYR3.20, where traders can exit upon a breach to limit the downside risk.
Source: RHB Securities Research - 14 May 2020
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Created by rhboskres | Aug 26, 2024