Sunday, August 21, 2011

Technical Analysis Aug 2011: DIALOG (7277)



DIALOG GROUP BERHAD

Observation from Chart:-

19 August 2011 DIALOG retest RM2.56 support level.

However, RM2.75 is current resistant level.
Other indicator:-
1. MACD still at negative region, going bearish crossover.
2. Stochastic %K already trigger sell call.

Subsequent support at RM2.40 & strong support is around RM2.29 which is MA200 support level.

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