RHB Retail Research
Trading Stocks - Inari Amertron
Inari Amertron staged a rebound yesterday, as it attempted to cross above the resistance level of MYR2.65. As trading volume has picked up, we believe the bullish momentum is gaining traction and may push the stock towards the next resistance level of MYR2.75, followed by MYR3.00. Meanwhile, a downward breach of the MYR2.50 support would negate this expectation.
Source: RHB Securities Research - 18 Dec 2020
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