Inari Amertron is poised to propel upwards further, as it inched higher yesterday on strong volume – heading towards the MYR3.24 immediate resistance. If the positive momentum pushes the stock above that level, the bulls may drive it towards the next resistance of MYR3.43, followed by MYR3.50. If it falls below the support of MYR2.96, the stock will move downwards, printing a “lower low” bearish structure.
Source: RHB Securities Research - 24 Mar 2022
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