Thursday, August 31, 2017

Technical Analysis Aug 2017: DIALOG (7277)



DIALOG GROUP BERHAD 

Observation from Chart:-

DIALOG breakout bolinger band squeeze.

How high will it go?

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

Immediate resistance @ RM2.05 level.
If able breakout RM2.05, higher high is confirm. Uptrend will resume.

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

Let's watch closely.

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