IJM Land should rise further after the firm close yesterday. A purchase can be made above RM2.20, with a close below the level as a stop-loss. A conservative trader may wait until a close above RM2.35 before entering. The price targets are the Fibonacci level of the 2011-2012 correction at RM2.60 and RM2.80. Failure to break higher should see the continuation of the 10-month sideways move. Strong support is seen at RM2.00.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....