RHB Retail Research
Technical Analysis - Inari Amertron
Inari Amertron
Inari Amertron was testing the MYR2.47 level in its latest session. A bullish bias may be present above this point, with a target price of MYR2.60, followed by MYR2.70. The stock may drift sideways if it cannot surpass the MYR2.47 threshold in the near term. Support may be found at MYR2.30, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 9 Aug 2018
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