RHB Retail Research
Technical Analysis - Inari Amertron
Inari Amertron may rebound further after it tested MYR2.08 support in its latest session. Given that the stock has formed a “Hammer” pattern on 18 Sep, this indicates a potential rebound. A bullish bias may appear above the MYR2.08 level, with an exit set below the MYR2.08 threshold. Towards the upside, the near-term resistance is at MYR2.30. This is followed by the MYR2.40 level.
Source: RHB Securities Research - 19 Sept 2018
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