Inari Amertron may rise higher after it formed a second consecutive white candle. Yesterday’s candle sent the stock to nearly an 11-month high, thereby enhancing the bullish sentiment. A bullish bias may emerge above the MYR1.86 level, with an exit set below the MYR1.75 threshold. Towards the upside, the immediate resistance is at MYR2.00. This is followed by the MYR2.20 threshold.
Source: RHB Securities Research - 2 Oct 2019
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Created by rhboskres | Aug 26, 2024