RHB Retail Research
Trading Stocks - Inari Amertron
Inari Amertron may move higher after it continued holding above the MYR1.50 support. As the stock rose above the 21- day SMA line, this indicates a positive sign. A positive bias may appear above the MYR1.60 level, with an exit set below the MYR1.50 threshold. Towards the upside, the near-term resistance is at MYR1.76. This is followed by the MYR1.88 level.
Source: RHB Securities Research - 7 Mar 2019
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