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AmInvest Research Reports

Author: AmInvest   |   Latest post: Fri, 21 Feb 2020, 9:47 AM

 

Stocks on Radar - Inari Amvertron (0166)

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Inari Amvertron was testing the RM1.77 resistance level in its latest session With an RSI level above 50%, it may trend higher above this point with a target price of RM1.84 followed by RM1.90. If it fails to close above RM1.77, expect a sideway movement. Support price is anticipated at RM1.70, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy upon breakout above RM1.77

Target: RM1.84, RM1.90 (time frame: 3-6 weeks)

Exit: RM1.70

Source: AmInvest Research - 23 Jan 2020

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Labels: INARI

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Chart Stock Name Last Change Volume 
INARI 1.65 -0.03 (1.79%) 7,595,700 

  Patrick13 likes this.
 
Joe Ng Amertron, typo again...
24/01/2020 11:18 PM


 

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