Sunday, August 19, 2018

Technical Analysis Aug 2018: INARI (0166)


INARI AMERTRON BERHAD 

Observation from chart:-

INARI retrace down from RM2.54 resistance level

Will it retest RM2.12 support level?

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

Immediate support @ RM2.20 level.
Subsequent support @ RM2.12 level.

Immediate resistance @ RM2.39 level.
Subsequent resistance @ RM2.54 level.

Let's watch closely.

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