Daily Trading Stocks - IJM Land Bhd

IJM Land  may climb further if it can break above  the  9-month resistance of RM2.40. A purchase can be made if it happens, with a close below  the 2-day low of RM2.25 as stop-loss. An aggressive trader may enter now on anticipation of a breakout. The price target is RM2.80, with selling also expected at RM2.60. A failure to break RM2.40 could lead to a return in selling but strong  support is expected at RM2.00.

Source: OSK