RHB Retail Research
Technical Analysis - Inari Amertron
Inari Amertron
Inari Amertron’s upside move may persist after it continued holding above the rising 21-day SMA line. As the stock marked a higher close vis-à-vis the previous session, this indicates a positive sign. A bullish bias may emerge above the MYR2.28 level, with an exit set below the MYR2.20 threshold. Towards the upside, the immediate resistance is at MYR2.41. This is followed by the MYR2.55 level.
Source: RHB Securities Research - 26 Jun 2018
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