Thursday, November 14, 2019

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.

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