Inari Amertron may trend higher after it breached above the MYR1.80 threshold. As the 21-day SMA line is likely to turn higher, it would appear that the bullish sentiment has been enhanced. A bullish bias may emerge above the MYR1.80 level, with an exit set below the MYR1.68 threshold. Towards the upside, the immediate resistance is set at MYR1.92. This is followed by the MYR2.00 level.
Source: RHB Securities Research - 19 Apr 2019
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Created by rhboskres | Aug 26, 2024