RHB Retail Research

Trading Stocks - IJM Corporation

rhboskres
Publish date: Fri, 22 Mar 2019, 04:59 PM
rhboskres
0 9,021
RHB Retail Research

IJM Corporation may climb higher after it recently breached above the MYR2.00 threshold. With the 21-day SMA line edging upwards, this also implies a positive outlook sentiment. A bullish bias may emerge above the MYR2.02 level, with an exit set below the MYR1.88 threshold. Towards the upside, the immediate resistance is at MYR2.27. This is followed by the MYR2.42 level.

Source: RHB Securities Research - 22 Mar 2019

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