RHB Retail Research
Trading Stocks - IOI Properties Group
IOI Properties Group was testing the MYR1.37 level in its latest session. A bullish bias may be present above this point with a target price of MYR1.45, followed by MYR1.55. The stock may take a breather if it cannot breach above the MYR1.37 threshold in coming sessions. Support may be found at MYR1.26, where traders can exit upon a breach to limit the downside risk.
Source: RHB Securities Research - 5 Apr 2019
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