Inari Amertron was testing the MYR2.03 threshold in its latest session. A bullish bias may be present above this point, with a target price of MYR2.10, followed by MYR2.20. The stock may take a breather if it cannot breach above the MYR2.03 threshold decisively in the coming sessions. Support may be found at MYR1.89, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 21 Oct 2019
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Created by rhboskres | Aug 26, 2024