AmInvest Research Reports

Stocks on Radar - Inari Amertron (0166)

AmInvest
Publish date: Mon, 23 Dec 2019, 08:51 AM
AmInvest
0 9,345
An official blog in I3investor to publish research reports provided by AmInvest research team.

All materials published here are prepared by AmInvest. For latest offers on AmInvest trading products and news, please refer to: https://www.aminvest.com/eng/Pages/home.aspx

Tel: +603 2036 1800 / +603 2032 2888
Fax: +603 2031 5210
Email: enquiries@aminvest.com

Office Hours
Monday to Thursday: 8:45am – 5:45pm
Friday: 8:45am – 5:00pm
(GMT +08:00 Malaysia)

Inari Amertron has been sold down during the last few sessions. As the RSI dipped, it has become oversold. It may rebound in the coming session if it breaks above the resistance price of RM1.65. If this happens, the short-term target price will be RM1.76, followed by RM1.88. Support is anticipated at RM1.58, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy upon breakout above RM1.65
Target: RM1.76, RM1.88 (time frame: 3-6 weeks)
Exit: RM1.58

Source: AmInvest Research - 23 Dec 2019

Related Stocks
Market Buzz
Discussions
1 person likes this. Showing 2 of 2 comments

speakup

if not because of christmas rally, inari would've 2nd limit down

2019-12-23 22:23

share4u2020

Post removed.Why?

2019-12-24 07:51

Post a Comment