RHB Retail Research
Trading Stocks - Inari Amertron
Inari Amertron may rise higher after it breached above the MYR1.70 threshold. Yesterday’s candle can be viewed as a continuation of the bulls extending the rebound from 29 Aug’s “Hammer” pattern. A positive bias may emerge above the MYR1.70 level, with an exit set below the MYR1.52 threshold. Towards the upside, the immediate resistance is at the MYR1.85 level. This is followed by the MYR2.00 level.
Source: RHB Securities Research - 11 Sept 2019
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