INARI Amerton currently traded above kumo cloud which indicates a bullish sign. Tenkan sen above Kijun sen also indicates a bullish sign. Chikou span is above kumo cloud which give an indication for a bullish momentum. Resistance for INARI is RM 2.53 while the support is RM 2.3 and RM 2.
Laburlah Technical Coverage (25-APR, Wednesday):
INARI
Technical Analysis Breakdown
1. Trend (Short): Technical rebound
2. Trend (Medium): Still down
3. RSI: Reversal
4. Stochastic: Bullish cross
5. Immediate resistance: Middle BB
Disclaimer: The abovementioned is purely for sharing purpose, you should seek advice from relevant personnel and do your own...
Price is obviously bearish to me in terms of PA and strength wise. As long as price is below 3.3 level it will maintain it bearishness.
Current level 2.9 will slow things down BUT if it breaks the next level will be 2.3
Trade safe.
