Technical Analysis Jan 2013: DIALOG (7277)
DIALOG GROUP BERHAD
Observation from Chart:-
DIALOG consolidate within RM2.39 & RM2.45 range.
When will it break through bolinger band squeeze?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K trigger BUY call, pending confirmation.
Immediate resistance @ RM2.45 level.
Immmediate support @ RM2.39 level.
Next month, DIALOG will announce their Q4 result.
If the result is above expectation, high probably will break through & go higher.
If below expectation, it might continue side way or break down the support level.
Let's watch closely.
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