BJ Corp had a bullish breakout after a spell of lackluster performance for the past 2 months.  An important observation to note is the extremely high volume on the breakout day which implies a dose of increased confidence from market participants towards BJCorp. In addition, the MFI oscillator continues to inch upwards above the 50% level. Given such rosy configurations, BJCorp may see a further appreciation of its share price in the coming weeks. The next possible upside target will be at RM1.67. Immediate support at RM1.36 shall provide the “floor” for any potential pull-back. However a break below it may negate the bullish tone to see a slide towards the next support at RM1.27.