Sunday, February 3, 2013

Technical Analysis Feb 2013: DIALOG (7277)

DIALOG GROUP BERHAD

Observation from Chart:-

DIALOG break down MA200 support level.

How low will it go?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K pending trigger BUY call.

Immediate resistance @ MA200 level.
Immmediate support @ RM2.28 level.

DIALOG will announce their Q4 result soon.
If the result is above expectation, high probably will rebound.
If below expectation, it might facing high selling pressure.

Let's watch closely.

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