RHB Retail Research
Trading Stocks - Inari Amertron
Inari Amertron may rebound higher after it continued holding above the MYR1.58 support. As the stock climbed above the 55-day SMA line, this indicates a positive sign. A bullish bias may appear above the MYR1.58 level, with an exit set below the MYR1.58 threshold. Towards the upside, the near-term resistance is at MYR1.75. This is followed by the MYR1.86 level.
Source: RHB Securities Research - 8 May 2019
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