RHB Retail Research
Trading Stocks - IJM Corp
IJM Corp may rise higher after posting a white candle and hitting its highest close in more than ten months. As the 21- day SMA line may move higher, this implies a positive outlook. A bullish bias may emerge above the MYR2.13 level, with an exit set below the MYR1.99 threshold. Towards the upside, the immediate resistance is at MYR2.30. This is followed by the MYR2.40 level.
Source: RHB Securities Research - 27 Mar 2019
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