Rakuten Trade Research Reports
Technical View - Dialog Group Bhd (DIALOG,7277)
rakutentrade
Publish date: Wed, 02 Jan 2019, 03:13 PM
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All materials published here are prepared by Rakuten Trade. For latest offers on Rakuten Trade products and news, please refer to: https://www.rakutentrade.my/
To sign up for an account: http://bit.ly/40BNqKI
Rakuten Trade
Hotline: +603 2110 7110 (Account Opening, General enquiry)
Email: customerservice@rakutentrade.my
Dialog Group Bhd (DIALOG,7277)
• DIALOG gained 3 sen or 0.97% to close at RM3.11 on Monday.
• Recent breakout near the RM3.12 resistance level accompanied with bullish white candle on Monday suggesting a bullish bias on the share price. Should the follow-through buying momentum continues, we expect share price to pave towards RM3.31 (R1) and further to RM3.43 (R2)
• Conversely, share price has formed a strong support level at RM2.72 (S1) while S2 can be found at RM2.54.
Source: Rakuten Research - 2 Jan 2019
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