IJM Corp may move higher after it tested the MYR1.80 support in a recent session. Given that it has formed a long white candle for the second consecutive day, the positive sentiment has been enhanced. A bullish bias may appear above the MYR1.90 level, with an exit set below the MYR1.80 threshold. Towards the upside, the near-term resistance is at MYR2.10. This is followed by the MYR2.26 level.
Source: RHB Securities Research - 21 Feb 2019
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IJMCreated by rhboskres | Aug 26, 2024