Technical Analysis Nov 2019: DIALOG (7277)

DIALOG GROUP BERHAD 

Observation from Chart:-

DIALOG forming bolinger band squeeze.

When will it breakout?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on BUY call itinerary.

Immediate resistance @ RM3.55 level.
If able breakout RM3.55, higher high is confirm.
Uptrend will resume.

Immediate support @ RM3.32 level.
Subsequent support @ RM3.22 level.

Let's watch closely.

Technical Analysis Nov 2019: HIBISCS (5199)

HIBISCUS PETROLEUM BERHAD 

Observation from Chart:-

HIBISCS (5199) keep on retest strong resistance level.

How about this round? Will it breakout & go higher?

Other indicator:-
MACD at negative region, downtrend itinerary.
Stochastic %K on BUY call itinerary.

Immediate resistance @ RM1.00 level.
Subsequent resistance @ RM1.04 level.

Immediate support @ RM0.925 level.
Subsequent support @ RM0.89 level.

Let's watch closely.

Technical Analysis Nov 2019: BURSA (1818)

BURSA MALAYSIA BERHAD

Observation from Chart:-

BURSA forming double bottom @ RM5.92 support level?

Will it strong rebound?

Other indicator:-
MACD at negative region, downtrend itinerary.
Stochastic %K on BUY call itinerary.

Immediate resistance @ RM6.19 level.
Subsequent resistance @ RM6.50 level.

Immediate support @ RM5.92 level.
Subsequent support @ RM5.80 level.

Let's watch closely.