Inari testing the 2.77 resistance once again. Could Inari breakout from the 2.77 resistance level. Let's wait and see
Inari
{SWC}—— Inari Analysis, Bull continuesBias: Long
Inari had broken out the neckline RM2.45 earlier. The overall trend continues to be bullish.
Resistance: 2.50, 2.55
Support: 2.45, 2.40
Apple is going to launch its new Iphone the following week, let us see whether there will be any further price action.
Do remember there are some political issues tomorrow.
If you find this idea helpful, kindly leave us a like and comment!
INARI - Bullish BreakoutINARI
Rst: 2.52/ 2.78
Spp: 2.43
Significant bullish breakout and the emergence of strong hammer above upper BB will induce further trading interest tomorrow.
Inari Long PositionInari looking forward to break previous resistance
Resistance 2.09
Entry price 2.10
Exit: Cut Loss 2.06/break trendline
Target price: 2.38, 2.53, 2.81
Training 01/08/2020 - INARIAny input @ feedback for me to improves in drawing the chart and writing down my trading plan is really appreciated. Btw, be nice please.. Thank you and have a great trading
YOU WILL NEVER SEE 1.570 PRICE ANYMOREThose who following me on twitter probably realised now, when i'm called up Inari as a good company to invest especially for long term. In our support group, i told everyone inari is good to positioning invest and that is when the price is 1.570, that was 5 jun 2020.
Today, the price has touched 1.890 and almost near to touch my target price line 1.900.
One thing for sure, you won't get to see Inari price hit lowest 1.570 anymore, as now this stock ready to fly high! Those who might not know, Inari is a company producing a chip for Apple, and if Apple reported good sales or new product, this stock will benefit the most.
So, for long term. I would say, inari can go to RM3. But for this 4-5 months, it will hit RM2. So happy riding!
INARI - Strong Bearish Momentum UnleashedINARI - Touched strong support at MA200 but this level is being violated today which means the momentum of bear got stronger and not wise to ride anymore. My anticipation is since today the drop is over-extended from lower BB, there's chance to rebound but will be capped at MA200/ 1.70. The stock is at risk to fall further towards 1.48 now.
INARI - 0166 BREAKOUT SUPPORT ZONE WITH INCREASING VOLUME Support Zon = 1.860 - 1.780
Resistance Zone = 2.080 - 2.18
INARI - Short Term Rebound/ Not Out of Wood YetLaburlah Technical Coverage (25-APR, Wednesday):
INARI
Technical Analysis Breakdown
1. Trend (Short): Technical rebound
2. Trend (Medium): Still down
3. RSI: Reversal
4. Stochastic: Bullish cross
5. Immediate resistance: Middle BB
Disclaimer: The abovementioned is purely for sharing purpose, you should seek advice from relevant personnel and do your own analysis before making your move.
