Technical analysis for INARI Stock based on Trend Analysis, Chart Pattern and Fibonacci Retracement
Buckle up semiconductor lover! We fly to the moon or dive into the ground. LOL.
Inari breakout all time high with increasing volume.
Strong fundamental company.Price just breakout from pivot point with high volume.very promising.Good luck
Congrat it is new high and still, chase high will no a wise set up. However, spot the potential movement and there is a chance.
INARI on "waiting List" as a 1 of the 30 "Components Stock Index" in KLSE..as its market cap surges after price have broken all time high again. Its price structure may show it has completed wave iv (green circled) BUT price may retrace soon for expanding flat in wave (b) (Red) where price could reach around RM 3.355..
Breakout triangle pattern with volume opportunity to break resistance 3.755
Inari is forming ascending triangle with VCP. Do watch out for consolidation and better market sentiment
Sector : Technology Technically,VCP formation and just broke pivot point Fundamentally,increasing sales and profit QOQ and YOY
INARI observed to develop VCP (>180 days) with below contraction: C1: -20% C2: -6% C3: -6% C4: -4% Low risk entry zone. Big block at 3.56/3.57. Awaiting big volume come in and break it! 2nd half go go go? New apple product launch next week can help to boost INARI share price? Disclaimer: Technical analysis sharing on chart pattern. Not a buy call...
Based on Fib, the price is expected to break the resistance and move towards Fib261. Let's wait for the move. Note: This is purely my opinion based on my TA. This is not financial advice.
This is the second stock idea related to semiconductor. Inari has been forming an ascending triangle chart pattern. Now will be interesting to see if 3.75 resistance can be broken. There's a support at 3.36 and the uptrend line which coincides with the MA50 line. This is worth waiting for if it does not violate the support.
INARI. It Seem like Possible double top and forming a flat pattern. Even The Boss has 'disposed" substantial amount of its stocks recently ?
good stock uptrend now double bottom form above ema 20, 50 , 200 touch Fibo 3.45 now try on 3.50 set buy Tp1 RM3.75 Tp 2 Rm4 all the way up to north
Inari 14/8/2021 Pulled back and touched the support level 3.450 and rebound from there. Inari Dividend Yield up to 2.43 % now , believed to be one of the Tech Company listed in KLSE with High Growth and Decent Dividend Yield . Worth to monitor ! Can it be the first Technology Blue Chip Counter?
INARI stock price seem consolidating above RM2.800 in wave iv ( Green Circled) as a triple zig zag wave pattern. where price finally could reach at around RM2.800 1) The Next Major Demand Zone 2) Lower Trend Line Support of triple zig zag channel .. As previous closed price was RM3.330 there would be about 15.92% drop toward RM2.800