Thursday, June 8, 2017

Technical Analysis Jun 2017: DIALOG (7277)



DIALOG GROUP BERHAD 

Observation from Chart:-

DIALOG breakout bolinger band squeeze, from RM1.57 to RM.97 (+25.5%)

Will it break RM2.00 level?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K trigger BUY call, pending confirmation.

Immediate resistance @ RM1.97 level.
Subsequent resistance @ RM2.00 level.

Immediate support @ RM1.89 level.
Subsequent support @ RM1.87 level.

Let's watch closely.

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