RHB Retail Research
Trading Stocks - Inari Amertron
Inari Amertron may rebound further after it tested the MYR1.60 support recently. With the 21-day SMA line edging upwards, this suggests a likelihood of increasing demand in the near term. A bullish bias may appear above the MYR1.60 level, with an exit set below the MYR1.60 threshold. Towards the upside, the near-term resistance is at MYR1.76. This is followed by the MYR1.86 level.
Source: RHB Securities Research - 8 Jul 2019
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