Monday, August 10, 2015

Technical Analysis Aug 2015: INARI (0166)

INARI AMERTRON BERHAD 

Observation from chart:-

INARI break strong support level, RM3.13.

How low will it go?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K on SELL call itinerary.

Immediate support @ RM3.00 level.
Subsequent support @ RM2.90 level.

Due to oversold, most likely will technical rebound soon.

Immediate resistance @ RM3.13 level.
Subsequent resistance @ RM3.26 level.

Let's watch closely.

0 comments:

Post a Comment