Wednesday, June 6, 2012

Technical Analysis June 2012: DIALOG (7277)


DIALOG GROUP BERHAD

Observation from Chart:-

DIALOG succeed break through strong resistance RM2.29 level.

How high will it go?

Other indicator:-
1. MACD moving toward positive region, uptrend sign.
2. Stochastic %K around overbought stage.

Immediate resistance RM2.40 level.
Immmediate support MA100 level.

If the bull strong enough, potential retest RM2.50 resistance level.

Let's watch closely...

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