Inari Amertron has staged a bullish breakout, eyeing to extend the upside movement. The stock has climbed above the MYR3 resistance on high volume. The price action confirms the bullish setup. The stock may continue to climb towards the next resistance at MYR3.25, followed by MYR3.50. Towards the downside, the support is marked at MYR2.86.
Source: RHB Securities Research - 8 Jan 2024
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