INARI means DANCE- dancing to the tune(trend)Corporate Name : INARI AMERTRON BERHAD
Symbol & Code : INARI (0166)
Board : MAIN
Shariah : Compliant
Sector : Technology
Sub-Sector : Semiconductors
• Weekly: INARI is already at Stage 2 and now climbing at good momentum above 20ma. Good for a long term trader.
• Daily : Price bounces steadily on 50ma and has reached at all-time high. Sky is the only limit now.
• 2.9-3.1
INARI trade ideas
INARI resistant breakoutINARI strong buying broke out resistance level.
Price action and volume, showing buyers' power increase.
Risk reward ratio = 2.8
TP = +12% or more
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Disclaimer
This information only serves as study references, does not constitute a buy or sell call.
INARI STOCK PICK FROM EXPERT 03012021
2021 STOCK PICK FROM EXPERTS
PURPLE LINE = STRONGER SUPPORT
RED LINE = MINOR SUPPORT
Disclaimer:
Please be informed that above analysis are solely for education purpose; it is neither a trading advice nor an invitation to trade. For trading advice, please speak to your remisier or dealer representative.
You are responsible for your own risk management Do Your Own Due Diligence
INARI - CONTINUE TO STAY BULLISH ON INARIInari, running within the uptrend channel, will continue to make its move in the uptrend mode.
Its recent price is moving within small ascending triangle pattern, and might hit 2.55 follows by moving towards the target of 3.15.
The ultimate goal is to move to target around 3.9 before it ends this rally for bigger correction.
All possible price movement directions are shown with arrow signs in the chart.
Continue to stay bullish on Inari.
Happy trading.
{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.
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Inari, still need a little time more2.34 follow by 2.385 is its strong resistant.
MACD is closing up and lower. RSI pointing down. Still need to rest for a while to break the resistance.
If this time still cant break, it will go for longer downturn.
Trade with your own risk as market is not looking good now.
<TradeVSA> Pullback Trade in Inari & Inari-C66Strength Signal in the chart:
1. Spring as support
2. Hourly chart turn to green pentagon
3. Low volume on narrow spread bar
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock