Sunday, March 6, 2011

Technical Analysis Mar 2011: DIALOG (7277)



DIALOG GROUP BERHAD

Observation from Chart:-

Since Feb 2011, DIALOG keep consolidate around RM2.10 till RM2.33
Now, DIALOG is forming bolinger band squeeze.

Current resistant RM2.24 & RM2.33 level.
If able break up RM2.33 level, the uptrend will be continue.

If retrace down, it might retest next support level, RM2.08 which also MA50 support level.
Subsequent support level would be RM2 or psychology level.

Let watch closely...

Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

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