Saturday, October 1, 2011

Technical Analysis Oct 2011: DIALOG (7277)



DIALOG GROUP BERHAD

Observation from Chart:-

DIALOG rebound from RM1.84 low.

On 30 Sept 2011, it retest RM2.30 resistant level & closed at RM2.25 which is bolinger middle band.

Other indicator:-
1. MACD at negative region BUT bullish crossover.
2. Stochastic %K still at buy call sign.

Current resistant RM2.30 & RM2.41 level.

If retrace down, it might retest RM2 which is psychology level.
Or subsequent support level, RM1.84.

Let watch closely...

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

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