Inari Amertron retraced its gains after breaking past the RM1.84 resistance. With a rising RSI, a bullish bias may be present above this mark with the short-term target prices of RM1.90 and RM2.00. Meanwhile, it may continue moving sideways if it fails to cross RM1.84 in the near term. Support is anticipated at RM1.75, whereby traders may exit on a breach to avoid the risk of a further correction Trading Call: Buy upon breakout above RM1.84

Target: RM1.90, RM2.00 (time frame: 3-6 weeks) Exit: RM1.75

Source: AmInvest Research - 29 Jan 2020