RHB Retail Research
Trading Stocks - Innature
Innature is poised for a technical rebound as it bounced off the 21-day average line yesterday, eyeing to hit the MYR0.71 immediate resistance. If a breakout happens above that level, a bullish bias may emerge to propel the stock towards MYR0.76 – the 52-week high, followed by the MYR0.80 new high threshold. However, this expectation will be cancelled if it falls below the support of MYR0.67.
Source: RHB Securities Research - 29 Sept 2021
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