Inari Amertron shot up and formed a long white candle in its lastest session. With an RSI level above 70%, it may continue to climb above the resistance price of RM2.02. If this happens, its short-term target price will be RM2.10, followed by RM2.16. If it fails to close above RM2.02, expect a sideway movement. The support price is anticipated at RM1.93, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy upon breakout above RM2.02
Target: RM2.10, RM2.16 (time frame: 3-6 weeks)
Exit: RM1.93

Source: AmInvest Research - 14 Oct 2019