Rakuten Trade Research Reports
Technical View- Inari Amertron Bhd
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Publish date: Tue, 29 Dec 2020, 09:39 AM
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All materials published here are prepared by Rakuten Trade. For latest offers on Rakuten Trade products and news, please refer to: https://www.rakutentrade.my/
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Rakuten Trade
Hotline: +603 2110 7110 (Account Opening, General enquiry)
Email: customerservice@rakutentrade.my
Inari Amertron Bhd (0166)
• INARI closed 1.9% or 5 sen higher to RM2.68 yesterday.
• Technically, share price is trading above its key moving average lines and on the upward price trend. Coupled with positive signals from indicators that suggest continued buying interest, share price is expected to trend higher.
• As such, resistance levels are seen at RM2.77 (R1) and RM2.85 (R2).
• For the downside, support levels are set at RM2.53 (S1) and RM2.42 (S2)
Source: Rakuten Research - 30 Dec 2020
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