RHB Retail Research
Trading Stocks - IJM Corporation
IJM Corp may rebound higher after it continued holding above the MYR2.16 support. The stock has posted a second consecutive white candle, which points to a positive sign. A bullish bias may appear above the MYR2.25 level, with an exit set below the MYR2.16 threshold. Towards the upside, the near-term resistance is at MYR2.42. This is followed by the MYR2.50 level.
Source: RHB Securities Research - 8 Aug 2019
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