Rakuten Trade Research Reports

Author: rakutentrade   |   Latest post: Wed, 13 Jan 2021, 6:07 PM


Technical View- Innature Bhd

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Innature Bhd (5295)

• INNATURE jumped 8.5% or 4 sen to RM0.51 yesterday.

• Share price has been trending upwards with improving trading volume after being in consolidation for quite some time. Chart-wise, key indicators are showing positive signs of imminent bullish breakout with share price likely heading towards the RM0.60 level.

• From here, resistance levels are identified at RM0.55 (R1) and RM0.60 (R2) level.

• For the downside, support levels are at RM0.44 (S1) and RM0.36 (S2).

Source: Rakuten Research - 18 Nov 2020

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Chart Stock Name Last Change Volume 
INNATURE 0.50 -0.025 (4.76%) 607,200 

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