IJM Corp may rebound further after it tested the MYR1.55 support in recent session. Given that it formed a white candle for the third consecutive session, the positive sentiment has been enhanced. An upbeat bias may emerge above the MYR1.63 level, with an exit set below the MYR1.55 mark. Towards the upside, the immediate resistance is at the MYR1.91 level, followed by the MYR2.06 threshold.
Source: RHB Securities Research - 7 Apr 2020
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IJMCreated by rhboskres | Aug 26, 2024