Tuesday, August 07, 2012

Dialog Weekly Chart

Dialog Weekly Chart (6 Aug 2012)

Make or break for this counter. Look at the weekly chart. About 18 months of consolidation with a massive triangle formation. If it breaks, theoretical target +RM0.70 from break point RM2.50.

Daily chart shows overbought, so, not a good idea to jump in.

Disclosure: No position.

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