Wednesday 24 Apr 2024
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KUALA LUMPUR (Oct 2): RHB Retail Research said Inari Amertron Bhd may rise higher after it formed a second consecutive white candle.

In a trading stocks note today, the research house said yesterday’s candle sent the stock to nearly an 11-month high, thereby enhancing the bullish sentiment.

“A bullish bias may emerge above the RM1.86 level, with an exit set below the RM1.75 threshold.

“Towards the upside, the immediate resistance is at RM2.00. This is followed by the RM2.20 threshold,” it said.

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