RHB Retail Research
Trading Stocks - IJM Corp
IJM Corp may move higher after posting another white candle and leaving an upside gap. This upward momentum is likely to continue, given that it has posted a third consecutive white candle. A bullish bias may appear above the MYR2.05 level, with an exit set below the MYR1.85 threshold. Towards the upside, the near-term resistance is at MYR2.24. This is followed by the MYR2.37 level.
Source: RHB Securities Research - 31 May 2019
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