RHB Retail Research
Trading Stocks - Inari Amertron
Inari Amertron may rebound higher after it continued holding above the MYR1.45 support. As the stock rose above the 21- day SMA line recently, this indicates a positive sign. A bullish bias may appear above the MYR1.57 level, with an exit set below the MYR1.45 threshold. Towards the upside, the near- term resistance is at MYR1.70. This is followed by the MYR1.86 level.
Source: RHB Securities Research - 27 Mar 2019
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