RHB Retail Research
Trading Stocks - Inari Amertron
Inari Amertron may rebound further after it tested the MYR1.27 support in its latest session. Last Friday’s candle can be viewed as a continuation of the bulls extending the rebound from 24 May’s “Piercing Line” pattern. A bullish bias may appear above the MYR1.35 level, with an exit set below the MYR1.27 threshold. Towards the upside, the near-term resistance is at MYR1.50. This is followed by the MYR1.58 level.
Source: RHB Securities Research - 27 May 2019
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