KUALA LUMPUR (Sept 24): RHB Retail Research said Inari Amertron Bhd is set to print a new high, as it breached the immediate resistance of RM3.68 on strong volume, forming a long white candlestick.

In a trading stocks note today, the research house said if the stock stays above that level, the bulls may propel the stock towards the uncharted territory of the RM4.00 psychological level, followed by the RM4.10 threshold.

“However, this expectation will be cancelled if it falls below the support of RM3.59 – forming a “lower low” pattern,” it said.