Monday, October 16, 2017

Technical Analysis Oct 2017: INARI (0166)


INARI AMERTRON BERHAD 

Observation from chart:-

INARI succeed breakout RM2.65 resistance level 

How high will it go?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on BUY call itinerary.

Immediate support @ RM2.65 level.
Subsequent support @ RM2.57 level.

Higher high is confirmed. No immediate resistance.
Uptrend will resume.

Let's watch closely.

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