RHB Retail Research
Trading Stocks - Inari Amertron
Inari Amertron may rise higher after it breached above the MYR1.70 threshold. This upward momentum is likely to continue, given that it has formed a second consecutive white candle. A bullish bias may emerge above the MYR1.70 level, with an exit set below the MYR1.55 threshold. Towards the upside, the immediate resistance is at MYR1.87. This is followed by the MYR2.00 level.
Source: RHB Securities Research - 16 Apr 2019
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