INARI AMERTRON BERHAD
Observation from chart:-
INARI been consolidate sideway & forming bolinger band squeeze.
Will it breakout & go higher?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K trigger BUY call, pending confirmation.
If INARI succeed breakout the resistance & it's another new high record, there is no immediate resistance.
If retrace down, immediate support would be MA50 level.
Subsequent support @ RM2.57 level.
Let's watch closely.
Sunday, June 8, 2014
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