RHB Retail Research
Trading Stocks - IJM Corporation
IJM Corp may move higher after it tested the MYR2.35 support in recent sessions. Yesterday’s candle has sent the stock to its new 52-week high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR2.41 level, with an exit set below the MYR2.35 threshold. Towards the upside, the near-term resistance is at MYR2.60. This is followed by the MYR2.70 level.
Source: RHB Securities Research - 2 Jul 2019
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