RHB Retail Research
Technical Analysis - Inari Amertron
Inari Amertron may rise higher after it formed a second consecutive white candle. This can be viewed as a continuation of the bulls extending the rebound from 25 Oct’s “Hammer” pattern. A bullish bias may emerge above the MYR1.90 level, with an exit set below the MYR1.76 threshold. Towards the upside, the immediate resistance is at MYR2.08. This is followed by the MYR2.20 level.
Source: RHB Securities Research - 1 Nov 2018
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