Inari Amertron may rise higher after it formed a second consecutive white candle. Yesterday’s white candle can be viewed as the bulls extending the rebound from 25 Sep’s “Bullish Engulfing” pattern. A bullish bias may emerge above the MYR2.32 level, with an exit set below the MYR2.15 threshold. To the upside, the immediate resistance is at MYR2.47. This is followed by the MYR2.56 level.

Source: RHB Securities Research - 2 Oct 2018