RHB Investment Research Reports
Trading Stocks - Inari Amertron
rhbinvest
Publish date: Mon, 08 Jan 2024, 02:43 PM
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An official blog in I3investor to publish research reports provided by RHB Research team.
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
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All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
Inari Amertron has staged a bullish breakout, eyeing to extend the upside movement. The stock has climbed above the MYR3 resistance on high volume. The price action confirms the bullish setup. The stock may continue to climb towards the next resistance at MYR3.25, followed by MYR3.50. Towards the downside, the support is marked at MYR2.86.
Source: RHB Securities Research - 8 Jan 2024
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