RHB Retail Research
Trading Stocks - IJM Corporation
IJM Corp was testing the MYR2.37 level recently. A bullish bias may be present above this point with a target price of MYR2.50, followed by MYR2.62. The stock may take a breather if it cannot breach above the MYR2.37 threshold in the coming sessions. Support may be found at MYR2.17, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 29 Apr 2019
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