AmInvest Research Reports

Author: AmInvest   |   Latest post: Wed, 22 Jan 2020, 12:34 PM


Stocks on Radar - Inari Amertron (0166)

Author:   |    Publish date:

Inari Amertron has gapped up from its low to test the immediate resistance level of RM1.89. With a rising RSI, a bullish bias may be present above this mark with target prices of RM2.00 and RM2.07. It will move sideways if it fails to break above the RM1.89 resistance. In this case, the immediate support is anticipated at RM1.78, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy upon breakout above RM1.89
Target: RM2.00, RM2.07 (time frame: 3-6 weeks)
Exit: RM1.78

Source: AmInvest Research - 9 Dec 2019

Share this
Labels: INARI

Related Stocks

Chart Stock Name Last Change Volume 
INARI 1.77 +0.04 (2.31%) 13,812,600 

  Patrick13 likes this.


431  309  530  716 

Top 10 Active Counters
 PWRWELL 0.285+0.03 
 VC 0.085-0.005 
 SUPERMX 1.54+0.09 
 ICON 0.415+0.295 
 XDL 0.165+0.005 
 HSI-H8K 0.135-0.055 
 OCR-PA 0.0250.00 
 MYEG 1.14+0.03 
 HSI-C7K 0.395+0.085 
 DGB 0.135-0.005 


1. Leveraged & Inverse ETF CMS
Partners & Brokers