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BUY Signal = (BT-Yellow-Diamond), (White-Candle), (Green-Upward-Triangle), (White-Star)
SELL Signal = (Red-Dot), Red-Downward-Triangle)
*The trend direction: Trend Reversald (Green background Uptrend signal observed) *Must not break below S2 to keep as Uptrend.
*Price has breakout the BOX on 24-Jan to the next level.
*Price...
INARI - 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.
PE: 30.7x, DY: 3.02%
WSJ report that Broadcom is working with Credit Suisse to find a buyer for the radio-frequency, or RF segment of its wireless chip business.
- Broadcom is the major customer to Inari, accounted 72% of the revenue
Some levels to look at
Strength in the chart:
1. Pullback after break above resistance
2. Average volume on downbar
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
1. Pentamaster vs Penta-CC
2. Ekovest vs Ekovest-C1
3. Frontken vs Frontken-CD
4. V.S Industry vs VS-C19
5. Inari vs Inari-C48
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
Weakness in the chart:
1. Sell-Off bar with high volume
2. Upbars with low volume
3. Price hit resistance and reverse
Send us your preference stock to review based on TradeVSA chart by comment at below.
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before...
Background
Inari Amerton Bhd ("Inari") is involved in the outsourced semiconductor assembly and test services and electronics manufacturing services. It is well-known as one of the suppliers to Apple for the manufacture of its iPhones.
Recent Business News
Apple recently revealed that it anticipates revenue to come in below expectations. Apple expects revenue...
INARI akan rebound ke rintangan 1.62 kerana tanda-tanda accumulation telah pun wujud. Sekiranya 1.62 pecah, INARI akan menguji 1.77. Anggapan ini terbatal sekiranya sokongan 1.43 pecah.
Price is obviously bearish to me in terms of PA and strength wise. As long as price is below 2.4 & 2.2 level it will maintain it bearishness.
Current level 1.75 will slow things down BUT if it breaks the next level will be towards the EMA 200
Trade safe.
Greetings to all ,
Here are my technical views on INARI.
1)The formation of double top and head & shoulders is a strong sign of the pending correction. From the high the price has plunged almost 25% to close at
1.90.
2)The candlesticks have turned yellow which indicates that the trend for now has weakened and now the price has moved to form a lower high and...
Semiconductor industry which will benefit from the trade war between US and China.
RSI indicator showing a pickup.Therefore, buy on above RM2.30 (Breakout), Cut Loss Set RM2.15.
Trade on your own risk.
Frankly, i cant tell much by Gann Analysis on where about the trace of the price.
i guess, we will see as it happen.
anyway, the retracement is now at 0.5 Gann line which price shud react.
