Inari Amertron has renewed its bullish momentum towards the all-time high yesterday as it bounced off to breach the MYR4.19 immediate resistance – printing a long white candlestick. If it manages to stay above that point, the bulls may drive the stock towards printing a new high of MYR4.40, followed by MYR4.50. Conversely, falling below the MYR4.00 support will cancel this expectation.
Source: RHB Securities Research - 19 Nov 2021
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