Looks like IJM sprinted way ahead of its time. A case of too early too fast perhaps. But anyway, it's looking like a cup and handle formation with the neckline at RM2.02. Will it jump back up the next session after a red candle today? Let's see what Mr Market says. Definitely worth keeping this in the watchlist and monitor for breakout play. Still good as long as support and trend line is not violated.
Dislaimer:
This is by no means a recommendation to buy/sell. The ideas shared here are mainly for educational purpose only. Please consult your financial advisor prior to any investment decision.
Dislaimer:
This is by no means a recommendation to buy/sell. The ideas shared here are mainly for educational purpose only. Please consult your financial advisor prior to any investment decision.