Wisdom Wise

Inari likely to drift lower

Ben Gan
Publish date: Sun, 06 Oct 2013, 01:48 PM
Ben Gan
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This blog is not responsible for your losses, nor does it share your gains. Whatever you read here, please read it with a pinch of salt. YOUR ACTION IS YOUR ABSOLUTE RESPONSIBILITY.

The above daily chart of Inari does not look good. The stock was rising well until Khazanah said
that it was not taking any stake in the company. If you are thinking of buying the stock, I think you should wait for the price to drop until you see a buy signal.

Support is at 98.5 sen, and then at 92.5 sen. This is from the technical point of view.

You listen to me at your own risk.
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