RHB Retail Research
Technical Analysis - Inari Amertron Bhd
Inari Amertron formed a white candle after it tested the MYR1.60 support in the previous two sessions. This may signal that the stock’s recent sharp retracement has reached its end, and a rebound phase is likely to develop. Towards the upside, the immediate resistance is expected at MYR1.84, this is followed by MYR2.04. A stop-loss can be placed at below the MYR1.60 mark.
Source: RHB Securities Research - 30 Nov 2018
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