Rakuten Trade Research Reports
Technical View - Inari Amertron Bhd (INARI, 0166)
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Publish date: Fri, 23 Jul 2021, 02:53 PM
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• INARI ended 4.1% or 13 sen higher to RM3.31 yesterday.
• Share price is gaining traction coupled with a positive closing above resistance level yesterday. Supported by encouraging sign from key technical indicator, we expect share price to extend its buying momentum.
• As such, resistance levels are anticipated at RM3.46 (R1) and RM3.63 (R2).
• On the contrary, support levels are set at RM3.08 (S1) and RM3.02 (S2).
Source: Rakuten Research - 23 Jul 2021
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